Which of the following items is NOT a true statement?

$-$ A partner's capital account idenifies what each partner would be entitled to receive upon liquidation of his partnership interest

$-$ A partner's capital account represents a partners' equity in the partnership

$-$ A partner's capital account can only be created with a contribtioj of money into the partnership

$-$ A partner's capital account is increased by the partners' share of the partnership profits