In comparison to the owners’ equity section of a corporation’s balance sheet, owners’ equity of a proprietorship or partnership: a) normally does not make a distinction between invested capital and retained earnings b) normally uses Capital†accounts for each individual owner, rather tha a Retained Earnings†account for all of the owners. c) normally uses a Drawings†account for each individual owner, rather than a Dividends†account for all the owners. d) all of the above
how did Saint Paul transform a Jewish sect into a world religion?
August 15, 2017Heritage Assessment
August 15, 2017In comparison to the owners’ equity section of a corporation’s balance sheet, owners’ equity of a proprietorship or partnership: a) normally does not make a distinction between invested capital and retained earnings b) normally uses Capital†accounts for each individual owner, rather tha a Retained Earnings†account for all of the owners. c) normally uses a Drawings†account for each individual owner, rather than a Dividends†account for all the owners. d) all of the above
In comparison to the owners’ equity section of a corporation’s balance sheet, owners’ equity of a proprietorship or partnership:
a) normally does not make a distinction between invested capital and retained earnings
b) normally uses Capital†accounts for each individual owner, rather tha a Retained Earnings†account for all of the owners.
c) normally uses a Drawings†account for each individual owner, rather than a Dividends†account for all the owners.
d) all of the above
