Personal Tax Return and Cash Flow Analysis

1. Ms. Jones owns 10 percent of East Shore Parking, a general partnership. The capital account section of Ms. Jones’s Schedule K-1 from the partnership shows a contribution of $10,000. This amount represents:
   
   a. Money contributed by the partnership that year to a charitable organization
   b. Money invested in the partnership that year by the partner
   c. Money paid to the partner by the partnership that year
   d. Money contributed by the partnership that year as an investment in another business enterprise
   

Score Assessment