All of the following are included on the statement of partners' equities except
A) withdrawals.
B) additional investments.
C) salary allowances.
D) share of net income or net loss.

Question

Quizplus · Accepted Answer

The statement of partners' equities typically includes withdrawals, additional investments, and the partners' share of net income or net loss. However, salary allowances are typically accounted for separately and are not included on the statement of partners' equities.

All of the Following Are Included on the Statement of Partners