Access the January 14, 2014 filing of the 2013 10-K of Advanced BioEnergy, LLC (look for the unconsolidated statements, on pages 64–66 of the 10-K filing). This company’s business consists of producing ethanol and co-products, including wet, modified, and dried distillers grains and corn oil.
1. Locate its September 30, 2013, balance sheet and list the account titles reported in the equity section of that balance sheet.
2. Locate the members’ (partners’) equity section of its balance sheet. How many units of partnership are issued and outstanding at September 30, 2013 and 2012?
3. What is the partnership’s largest asset and its amount at September 30, 2013?