1500000 x 2/3

1500000 x1/3

j cap r cap
net income
18% on cap 324000 216000

equal division 480000 480000

total share on the profit 804000 696000

inc and exp sum 1500000

j cap 804000
r cap 696000

j cap r cap
net income
salary to ric 240000

remaining div equally 630000 630000

share on the profits 630000 870000

Inc and exp sum 1500000

j cap 630000
r cap 870000

j cap r cap
profit
sal 10t/mo. 120000 120000
12% int on cap 216000 144000

remainder eq div 450000 450000

share in profits 786000 714000
inc and exp sum 1500000
j cap 786000
r cap 714000

JR ASIA WITH A LOSS OF 90000

J CAP R CAP
NET LOSS
18 % ON CAP 324000 216000
LOSS TO BE DIV EQ
-315000 -315000
SHARE ON THE LOSS 9000 -99000

R CAP 99000
J CAP 9000
I & E Sum 90000

j cap r cap
loss of 90000
sal to ric 240000

equal div of loss -165000 -165000

-165000 75000

j cap 165000
r cap 75000
i&e sum 90000

j cap r cap
loss of 90000
sal of 10t/mo 120000 120000
12% int 216000 144000
div of loss -345000 -345000
share of the losses -9000 -81000

j cap 9000
r cap 81000
i/e sum 90000
GAINS
JR CONSULTANCY
STATEMENT IN THE CHANGES IN PARTNERS EQUITY
DECEMBER 31, 200X
JOFFRE
BEGINNING BALANCES 1800000
ADD SHARE IN THE PROFITS 630000
TOTAL 2430000
LESS SALARY WITHDRAWALS
CAPITAL BALANCE END 2430000

JR CONSULTANCY
STATEMENT IN THE CHANGES IN PARTNERS EQUITY
DECEMBER 31, 200X

JOFFRE
BEGINNING BALANCES 1800000
ADD SHARE IN THE PROFITS 786000
TOTAL 2586000
LESS SALARY WITHDRAWALS
CAPITAL BALANCE END 2586000

LOSSES
JR CONSULTANCY
STATEMENT IN THE CHANGES IN PARTNERS EQUITY
DECEMBER 31, 200X
 JOFFRE
BEGINNING BALANCES 1800000
ADD SHARE IN THE PROFITS -165000
TOTAL 1635000
LESS SALARY WITHDRAWALS
CAPITAL BALANCE END 1635000

JR CONSULTANCY
STATEMENT IN THE CHANGES IN PARTNERS EQUITY
DECEMBER 31, 200X

JOFFRE
BEGINNING BALANCES 1800000
ADD SHARE IN THE PROFITS -9000
TOTAL 1791000
LESS SALARY WITHDRAWALS
CAPITAL BALANCE END 1791000

MAX AND KENNETH

A) RESULT OF THE OPER. NET PROFIT AT pHp170000

MAX
RESULT PhP 170000 PROFIT
12%INT ON CAP 30000
30000
SALARY OF 6T/MO 72000
102000
REMAINDER EQUALLY DIVIDED 25000
SHARE ON THE PROFIT 127000

INC/EXP SUM 170000

 MAX CAP 127000
KENNETH CAP 43000

MAX
RESULT IS 240T NET LOSS
12%INT ON CAP 30000

SALARY OF 6T/MO 72000

102000
REMAINDER EQUALLY DIVIDED -180000
SHARE IN THE LOSSES -78000

MAX CAPITAL 78000

KENNETH CAP 162000
INC/EXP SUM 240000

MAX
RESULT IS PhP 81600 (NIAT)
12%INT ON CAP 30000
30000
SALARY OF 6T/MO 72000
132000
REMAINDER EQUALLY DIVIDED -19200
112800
INC/ EXP SUM 38400
TAXES PAYABLE 38400

INC/EXP SUM 81600

KENNETH CAP 1200
MAX CAP 82800

MAX
RESULT IN 6MOS PhP 74970 (NIAT)
12%INT ON CAP 15000

SALARY OF 6T/MO 36000

51000
REMAINDER EQUALLY DIVIDED 7485
58485
INC/EXP SUM 110250
TAXES PAYABLE 35280
MAX CAP 58485
KENNETH CAP 16485
total
1500000
-540000
960000
-960000
0

total
1500000
-240000
1260000
-1260000
0

total
1500000
-240000
-360000
900000
-900000
0
 -90000
-540000
-630000
630000
0

total
-90000
-240000
-330000
330000
0

total
-90000
-240000
-360000
 -690000
690000
0

ERS EQUITY

RIC TOTAL
1200000 3000000
870000 1500000
2070000 4500000
-240000 -240000
1830000 4260000

ERS EQUITY

RIC TOTAL
1200000 3000000
714000 1500000
1914000 4500000
-120000 -120000
1794000 4380000

ERS EQUITY
 RIC TOTAL
1200000 3000000
75000 -90000
1275000 2910000
-240000 -240000
1035000 2670000

ERS EQUITY

RIC TOTAL
1200000 3000000
-81000 -90000
1119000 2910000
-120000 -120000
999000 2790000

p170000

KENNETH TOTAL
170000
18000 -48000
18000 122000
-72000
18000 50000
25000 -50000
43000 0
KENNETH TOTAL
-240000
18000 -48000

-72000
18000 -360000
-180000 360000
-162000 0

KENNETH TOTAL
81600
18000 -48000
18000 33600
-72000
18000 -38400
-19200 38400
-1200 0

KENNETH TOTAL
74970
 9000 -24000

-36000
9000 14970
7485 -14970
16485 0