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Olivia Greer Is a Partner in Made for You

Question 127

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) $186,000
B) $196,000
C) $170,000
D) $180,000
E) $154,000

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