The statement of partnership equity shows all of the following except a.a capital account for each partner. b.a total partnership capital account. c.realization. d.net income (loss).

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Answer:

The correct answer is letter "C": realization.

Explanation:

Realization is the transformation of assets into cash as a result of sales. Realization typically is recorded in the company's accounting book for advance payments for goods, services, delayed payments, and multiple deliveries. It does not represent part of the equity of a company until the cash is received. Thus, should not appear in a partnership equity statement.

The statement of partnership equity shows all of the following except include option C: Realization.

What is the term Realization about?

Realization  is refers to as the changing of assets into cash as a result of sales. Realization typically is recorded in the company's accounting book for advance payments for goods, services, delayed payments, and multiple deliveries.

However, It does not represent part of the equity of a company until the cash is received. Thus, should not appear in a partnership equity statement.

Therefore, correct option is C.

Learn more about Realization, refer to the link:

https://brainly.com/question/7747554

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