Which of the following equations best represents the reporting shown in a statement of partnership equity? a. Beginning Balance of Partner Capital - Capital Additions - Net Income - Partner Withdrawals = Ending Balance of Partner Capital b. Ending Balance of Partner Capital + Capital Additions - Partner Withdrawals = Partnership Net Income c. Beginning Balance of Partner Capital + Capital Additions + Net Income - Partner Withdrawals = Ending Balance of Partner Capital d. Partner Withdrawals - Net Income - Partner Deficiency = Ending Balance of Partner Capital
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Home » Business » Which of the following equations best represents the reporting shown in a statement of partnership equity? a. Beginning Balance of Partner Capital - Capital Additions - Net Income - Partner Withdrawals = Ending Balance of Partner Capital b.