Question: The equity section for the single proprietorship can be called owner's equity because the equity belongs to the owner. The equity section for a corporation

The equity section for the single proprietorship can be called owner's equity because the equity belongs to the owner. The equity section for a corporation can be called shareholders' equity because the equity belongs to a group of owners known as shareholders. O True O False

The equity section for the single proprietorship can be called owner's

The equity section for the single proprietorship can be called owner's equily because the equity belongs to the owner. The equity section for a corporation can be called shareholders' equity becutse the equity belongs to a group of owners known as shareholders. True False

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