Which of the basic financial statements is used to explain changes in the owner's equity that are not explained by the income statement?
A)Balance sheet
B)Statement of shareholders' equity
C)Income statement
D)Cash flow statement

Name: Which of the basic financial statements is used to explain changes in the owner's equity that are not explained by the income statement? A)Balance sheet B)Statement of shareholders' equity C)Income statement D)Cash flow statement
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Question

Quizplus · Accepted Answer

The Answer is B

Which of the Basic Financial Statements Is Used to Explain