Based on the description I need to know if each example is a Proprietorship, Partnership, or Corporation.1) Bronson company presents a statement of Retained Earnings in its financial statements at year end.2) Jean Johnson’s home health care business does not have liability in its financial statement at year end3) Grand Canyon Company’s Retained Earnings balance is 5 million4) Crown Candy Company presents a statement of owner’s capital in its annual financial statement5) Statement of capital containing two capital accounts6) Par Value7) Stockholders Equity8) Partners’ capital, December 319) Statement of capital containing one capital account10) Retained Earnings11) Jones, Drawings12) Additional Paid in Capital

Question

Based on the description I need to know if each example is a Proprietorship, Partnership, or Corporation.

1) Bronson company presents a statement of Retained Earnings in its financial statements at year end.
2) Jean Johnson’s home health care business does not have liability in its financial statement at year end
3) Grand Canyon Company’s Retained Earnings balance is 5 million
4) Crown Candy Company presents a statement of owner’s capital in its annual financial statement
5) Statement of capital containing two capital accounts
6) Par Value
7) Stockholders Equity
8) Partners’ capital, December 31
9) Statement of capital containing one capital account
10) Retained Earnings
11) Jones, Drawings
12) Additional Paid in Capital

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