Combination bunk bed and seat

A foldable bunk bed and seating arrangement comprising a first horizontally disposed bed surface located adjacent a wall, a second bed surface vertically spaced from said first surface, said second surface having a first generally rigid segment, and a second lip segment hingedly connected to said first segment so as to permit approximately 180.degree. rotational movement of said second segment from a rigid position coplanar with said first segment to a position approximately parallel to and contiguous with said first segment, said first segment eccentrically mounted to the wall a distance so as to accommodate the thickness of said second segment when the second bed surface is in the seating mode, support means engageable with said second segment to support said segment in its coplanar position.