Which of the following would NOT be an entry in a company's statement of changes in equity?
A) Profit for the year.
B) Interest expense for the year.
C) Dividends paid.
D) Share issue.

Name: Which of the following would NOT be an entry in a company's statement of changes in equity? A) Profit for the year. B) Interest expense for the year. C) Dividends paid. D) Share issue.
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Question

Quizplus · Accepted Answer

Interest expense for the year is recorded in the income statement, not in the statement of changes in equity.

Which of the Following Would NOT Be an Entry in a Company's