awilliamsjr
Level 1
12-07-2019
01:23 AM
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Ok, at the end of 2017 net income was -$95,081 and there were 4 partners who each share 25% of profits/losses. So you're saying -$23,770.25 should have been closed to each partners' account at the end of the year? Can partners have negative equity account balances?