Type of Ownership Structure
Explain Whether the Financial Statement Excerpt

Essay

Type of ownership structure
Explain whether the financial statement excerpt below is from the financial statements of a corporation, a sole proprietorship, or a partnership:
$\begin{array}{llcc} \text { Abhrams, Capital............................ } & \$20,000 \\ \text { Johnston, Capital............................ } &25,000\\ \text {Zinck, Capital.................................. } &\underline{20,000}\\ \text { Total ..............................................} &\$65,000\\\end{array}$