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Mike Seedan and Ana Lei operate the partnership SeeLei Services. The partners share profit or...

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Accounting

Mike Seedan and Ana Lei operate the partnership SeeLei Services. The partners share profit or loss at 50% each. Mike had an opening capital account balance of $60,000 on January 1,2023, and withdrew $35,000 during the year. Ana had an opening balance of $80,000 and withdrew $20,000. SeeLei Services earned a net income of $80,000 in 2023. What would be listed on the statement of partners' equity for the year ended December 31,2023 for Ana Lei?Select one:a. Partner's Capital, January 1,2023 of $60,000+ Net Income of $40,000- Withdrawals of $20,000= Partner's Capital,December 31,2023 of $80,000b. Partner's Capital, January 1,2023 of $60,000+ Net Incomp of $40,000- Withdrawals of $35,000= Partners capitalDecember 31,2023 of $65,000c. Partner's Capital, January 1,2023 of $80,000+ Net Income of $80,000- Withdrawals of $20,000= Partner's Capital,December 31,2023 of $140,000 d. Partner's Capital, January 1,2023 of $80,000+ Net Income of $40,000- Withdrawals of $20,000= Partner's Capital, December 31,2023 of $100,00019Search

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