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Identify the type of business organization based on the follow financial statement findings. Then click the drop - down menu icon ) = ( and
Identify the type of business organization based on the follow financial statement findings.
Then click the dropdown menu icon and select the correct answer from the choices given.
The one owner receives distributions of earnings in the form of withdrawals
The equity section of the balance sheet has one capital account.
The owners receive dividends, a distribution of earnings, in the form of cash.
A manager, also the owner of the business, is paid a salary that is recorded as an expense.
The five owners receive distributions of earnings in the form of withdrawals.
The equity on the balance sheet is held by shareholders.
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