A partnership with four partners would have how many capital accounts in the equity section of the balance sheet?
A) One.
B) Two.
C) Four.
D) Eight.

Name: A partnership with four partners would have how many capital accounts in the equity section of the balance sheet? A) One. B) Two. C) Four. D) Eight.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Each partner will have their own capital account, so with four partners, there will be four capital accounts in the equity section of the balance sheet.

A Partnership with Four Partners Would Have How Many Capital