On the statement of partnership equity each partner's capital account
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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