Included in a statement of changes in equity are the following items:
I. Gains or losses not recognised in the statement of profit or loss and other comprehensive income.
II. New share issues.
III. Dividends paid.
IV. Opening and closing balances.
V. Profit or loss for the period.
A) I, II & III
B) I, IV and V
C) II, III, IV and IV
D) I, II, IV and V

Question

Quizplus · Accepted Answer

The statement of changes in equity includes new share issues, dividends paid, and opening and closing balances.

Included in a Statement of Changes in Equity Are the Following