HOMEWORK These were questions from a homework assignment.  I received a 4.5 out of 5.  The answers in parantheses are what I gave.  Please tell me which one(s) are incorrect 1) Additional Paid-in-capital (Corporation) 2) Jones, Drawings ,assume one drawings account (Proprietorship) 3) Partner's Capital December 31 (Partnership) 4) Statement of capital containing one capital account (Proprietorship) 5) Par value (Corporation) 6) Stockholders’ equity (Corporation)7) Statement of capital containing two capital accounts (Partnership) 8) Retained earnings (Corporation) 9) Johnson, Capital (assume one capital account) (Proprietorship) 10) Common Stock (Proprietorship)

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter11: Partnerships: Distributions, Transfer Of Interests, And Terminations
Section: Chapter Questions
Problem 18CE
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HOMEWORK

These were questions from a homework assignment.  I received a 4.5 out of 5.  The answers in parantheses are what I gave.  Please tell me which one(s) are incorrect

1) Additional Paid-in-capital (Corporation)

2) Jones, Drawings ,assume one drawings account (Proprietorship)

3) Partner's Capital December 31 (Partnership)

4) Statement of capital containing one capital account (Proprietorship)

5) Par value (Corporation)

6) Stockholders’ equity (Corporation)
7) Statement of capital containing two capital accounts (Partnership)

8) Retained earnings (Corporation)

9) Johnson, Capital (assume one capital account) (Proprietorship)

10) Common Stock (Proprietorship)

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