David and Mia are partners in a software company.Initial investments: David ?500,000, Mia ?450,000.Additional investments:...
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Accounting
- David and Mia are partners in a software company.
- Initial investments: David ?500,000, Mia ?450,000.
- Additional investments: David ?50,000, Mia ?30,000.
- The company had a net loss of ?40,000, shared as per initial capital ratios.
Partner | Initial Capital | Additional Investment | Net Loss Share | Ending Capital |
David | ?500,000 | ?50,000 | ? | ? |
Mia | ?450,000 | ?30,000 | ? | ? |
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