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Initial capital investment by the partners Jill Grier's capital statement reveals that her drawings during the year were $50,000. She made an additional capital investment of $25,000 and her share of the net loss for the year was $10,000. Her ending capital balance was $200,000. What was Jill Grier's beginning capital balance?

a. $225,000

b. $185,000

c. $235,000

d. $260,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M965286

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