USA Recording Data from K1 from a Passthrough Entity

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Samir

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The k1 is simple. The passthrough entity has an ordinary loss and a decrease in partners capital. Where would these be recorded on the owning company's books (the company these are passing through to)?

Thank you in advance for any answers.
 
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Samir

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This isn't homework--it's a generalized version of a real situation I'm facing. What I think the answer should be in theory doesn't balance correctly on the balance sheet.
 
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