SP - Sole proprietorship P - Partnership C - Corporation Identify the type of business organization based on the following independent financial statement findings: 1 2 3 4 5 6 7 The equity section of the balance sheet has one capital account. The owners receive dividends, a distribution of earnings, in the form of cash. There are two capital accounts: Tara Davis, Capital, and Sheila Kelton, Capital. The one owner receives distributions of earnings in the form of withdrawals. A manager, also the owner of the business, is paid a salary that is recorded as an expense. The equity on the balance sheet is held by shareholders. The five owners receive distributions of earnings in the form of withdrawals