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      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.

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