Multiple Choice
Olivia Greer is a partner in Made for You.An analysis of Greer's capital account indicates that during the most recent year,she withdrew $30,000 from the partnership.Her share of the partnership's net loss was $16,000 and she made an additional equity contribution of $10,000.Her capital account ended the year at $150,000.What was her capital balance at the beginning of the year?
A) $154,000
B) $170,000
C) $180,000
D) $186,000
E) $196,000
Correct Answer:

Verified
Correct Answer:
Verified
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