Post the above transactions using T-accounts given.

Prepare a statement of changes in partner’s equity.

Perez, Capital Perez, Drawing

10/1 500,000 12/30 66,667 12/30 66,667
12/15 200,000
12/30 66,667

Que, Capital Que, Drawing

10/3 500,000 11/30 50,000 12/30 66,667
12/15 200,000 12/30 16,667
12/30 16,667

Ruiz, Capital Ruiz, Drawing

10/5 700,000 12/30 66,667 12/30 66,667
12/30 66,667

Zafra, Capital Zafra, Drawing

10/10 act as 11/30 10,000 12/30 50,000
manager for a 20% 12/30 40,000
share in profit.
12/30 40,000