Access the 2015 10-K of Advanced BioEnergy, LLC (look for the unconsolidated statements, on pages 60-62 of
Question:
1. Locate its September 30, 2015, 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, 2015?
3. What is the partnership's largest asset and its amount at September 30, 2015?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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