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Olivia Greer Is a Partner in Made for You

Question 38

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

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