Difference between CC and a PTY

[Piesank]

My brother needs to know the difference between a CC and a PTY wrt:

• income statement
• balance sheet
• statement in changes of equity

Any help would be appreciated and a google only listed the differences in liability and how many partners each one can have

 

[Piesank]

80 views and zero help :/

 

[MVE]

Do you want to know what the difference is on the presentation of the financial statements that include the Income statement, balance sheet and changes in equity? Or is it with regards to the legal differences between the two.

In terms of the items mentioned it is basically the same except for name differences for example there is no share capital and is called members contribution.