The balance sheet of a partnership will

A) report retained earnings below the partnership capital accounts.
B) show a separate capital account for each partner.
C) show a separate drawing account for each partner.
D) show the amount of income that was distributed to each partner.

The balance sheet of a partnership will show a separate capital account for each partner, which represents each partner's investment in the partnership. Retained earnings will not be below partnership capital accounts, as they are not part of the capital accounts. Drawing accounts may be shown on the balance sheet, but not necessarily as separate accounts for each partner. The amount of income distributed to each partner will be reflected in the partner's individual capital account, not separately identified on the balance sheet.