New FLASH SALE Dhamaka - Flat 60% Off on All Courses

    Question

    Which of the following financial statements shows a

    company's retained earnings over time?
    A Balance sheet Correct Answer Incorrect Answer
    B Income statement Correct Answer Incorrect Answer
    C Statement of cash flows Correct Answer Incorrect Answer
    D Statement of changes in equity Correct Answer Incorrect Answer

    Solution

    The statement of changes in equity shows a company's retained earnings over time, as well as any changes in its capital structure.

    Practice Next