If duncan is not right in this a/c analysis, pls tell him.  
2001/7/1 1 1] $1 is just to record the value of service but of course
2001/7/5 9000 the value must exceed the value of $1 friendly offered. 
2001/7/5 4000 2] up until 24th July 01 duncan has paid $22737
2001/7/7 955 which is more than the 40% holding of the contribution as agreed.
2001/7/9 11000 As such duncan paid 42% more than than that as I agreed.
2001/7/9 358 I.e. 22737-16000=  6737/16000 = 42%
2001/7/9 358 2a] this is the accounting principle. This is not for argument
2001/7/9 47 2b] did duncan ask anyone for money?
2001/7/10 91 2c] why? Steven is with a baby
2001/7/10 15 2d] peter is with security of his job - bank of china
2001/7/10 36 is re-structuring.  His job is at risk
2001/7/10 40 3] pls remember the law of company and the accounting rule
2001/7/10 239 3a] law - the transfer of share by article 3 of the article of assn
2001/7/10 239 AND the Companies Ordinance on date of transfer, 24 July.
2001/7/12 28.8 3b] accounting - if transfer of share, adjustment of account
2001/7/12 62.1 pls ask those professional chartered accountants.  This is the rule.
2001/7/12 160 3c] I could only say that I neglected to express it clearly as I
2001/7/12 126 3c] (1) failed to observe steven has not studied company law
2001/7/12 6785 3c] (2) failed to observe peter is not a qualifed accountant.
2001/7/13 20 3d] PLS consult the qualified accountants. I am trying to argue
2001/7/13 53.8 3e] duncan took it for granted steven and peter would understand
2001/7/13 31.7 3f] why duncan has to absolved all the loss in the initial setting up
2001/7/13 40 of company.  This is the stage of spending money.  No profit is
2001/7/14 225 was likely at that moment.  Duncan spent most of the time and 
2001/7/15 230 paid more than that should have been contributed to the capital
2001/7/15 17 as of 24th July 2001, the date of re-structure of shareholding.
2001/7/15 200 3g] to the best of my memory, the accountant has to
2001/7/16 200 submit the management a/c to the gov. AND the share cert,
2001/7/16 24.8 for stamp duty. Pls consult several accountants. 
2001/7/16 1730
2001/7/16 65
2001/7/16 5
2001/7/16 48
2001/7/16 34
2001/7/16 106.3
2001/7/16 30
2001/7/16 300
2001/7/16 225
2001/7/17 720
2001/7/17 72
2001/7/17 6.5
2001/7/17 12
2001/7/17 48
2001/7/17 450
2001/7/18 64
2001/7/18 20
2001/7/18 200
2001/7/19 400
2001/7/19 640
2001/7/19 480
2001/7/19 120
2001/7/19 50
2001/7/19 30
2001/7/20 152
2001/7/20 152
2001/7/20 225
2001/7/22 2250
2001/7/22 1000
2001/7/23 530
2001/7/23 860
2001/7/23 130
2001/7/24 0 45737 up to 2001-7-24  we have spent this amount. 
2001/7/28 12 steven paid  16000
2001/7/30 3500 peter paid 6000
2001/7/30 500 william paid 1000 23000
2001/7/30 120 duncan paid >>>>>> 22737
2001/7/30 1 45737
2001/7/30 1
2001/7/30 1 49872 up to 2001-7-30 
2001/8/6 140 duncan   paid salary $3500 to him in fact.
2001/8/15 500 The office has no money
2001/8/19 6783 did duncan ask anyone for money
2001/8/21 500
2001/8/30 300 duncan kept on paying his own money 
2001/8/30 120 for the office.  The rest has paid nothing
2001/8/30 1 since early July 2001
2001/8/30 1
2001/8/30 1
2001/8/30 1
2001/8/31 3500
2001/8/31 500
2001/8/31 120 12467 paid by duncan alone for August expense
2001/9/19 6783 19250  between 2001-8-6 to 9-22
2001/9/22 100 we spent additional $19250
from that figure, 
69223 steven paid  2000
peter paid 2000
duncan paid 5800
3 PCs income 9450 sub_T $19250
9450=$3150x3 
1] duncan paid almost 3 times more than 
steven or peter[$5800>2000]
2] pls remember duncan's $5800 has 
already been paid before end of August, 2001.
2a] why? End of August, the office has no money
The office has no money by end of August.
for convenience, steven n peter are to pay 2000 each
3] pls see the last few figures of August 01
4] how could we have money in the office