Review Buckeye’s financial statements as well as the accompanying notes. List and briefly discuss information included for this partnership that would typically not appear in financial statements produced for a corporation. Also comment on similarities between Buckeye’s financial statements and those of a corporation. Due to Buckeye acting as a partnership, they maintain a Statement of Partners’ Capital whereas a typical corporation would maintain a Stockholders’ Equity Statement. The information on the two statements share similar equity information, but Buckeye’s equity is shown as it is shared amongst the partners, while in a corporation, this equity is often held by outside shareholders. This being said, there is a “Liabilities and Partners’ Capital” section on the Balance Sheet to equal net assets opposed to liabilities being alongside stockholders’ equity as it would be in a typical corporation’s financial statements. The other financial statements (i.e. income statement, cash flow statement and statement of OCI) are the same for both corporations and partnerships typically.