📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Which document shows changes in equity during the

    reporting period?
    A Balance sheet only Correct Answer Incorrect Answer
    B Statement of changes in equity Correct Answer Incorrect Answer
    C Cash flow statement Correct Answer Incorrect Answer
    D Notes to accounts only Correct Answer Incorrect Answer

    Solution

    The Statement of Changes in Equity presents a summary of all transactions impacting equity, including share capital, reserves, and retained earnings, during a reporting period.

    Practice Next
    ask-question