Access the 2017 10-K of Advanced BioEnergy, LLC, which is available from SEC.gov, and identifyits unconsolidated statements

Question:

Access the 2017 10-K of Advanced BioEnergy, LLC, which is available from SEC.gov, and identifyits unconsolidated statements on pages 53–55 of the 10-K filing. This company’s business consists of producing ethanoland co-products, including wet, modified, and dried distillers grains and corn oil.

1. Locate its 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, 2017?

3. What is the partnership’s largest asset and its amount at September 30, 2017?

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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