In comparison to the stockholders\' equity section of a corporation\'s balance s
ID: 2418944 • Letter: I
Question
In comparison to the stockholders' equity section of a corporation's balance sheet, owners' equity of a proprietorship or partnership:
all of these.
normally does not make a distinction between invested capital and retained earnings.
normally uses "Capital" accounts for each individual owner, rather than a "Retained Earnings" account for all of the stockholders.
normally uses a "Drawings" account for each individual owner, rather than a "Dividends" account for all of the stockholders.
Explanation / Answer
ANSWER = ALL OF THESE
normally does not make a distinction between invested capital and retained earnings. and normally uses "Capital" accounts for each individual owner, rather than a "Retained Earnings" account for all of the stockholders. and normally uses a "Drawings" account for each individual owner, rather than a "Dividends" account for all of the stockholder.
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