Business, 19.03.2021 18:10 kevenluna10oytivm

Which of the following statements are true regarding owners' equity and ownership rights held in noncorporate entities? a. Owners' equity for proprietorships and partnerships is usually referred to as capital.
b. No distinction is made between invested capital and retained earnings for a proprietorship or a partnership.
c. Neither proprietorships or partnerships issue stock.

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Which of the following statements are true regarding owners' equity and ownership rights held in non...