Match each of the following with the appropriate definitions.

-A financial statement that presents the changes in shareholder's equity for an accounting period.
A)Statement of cash flows
B)Balance sheet
C)Income statement
D)Statement of changes in shareholders' equity

Question

Match each of the following with the appropriate definitions.

-A financial statement that presents the changes in shareholder's equity for an accounting period.
A)Statement of cash flows
B)Balance sheet
C)Income statement
D)Statement of changes in shareholders' equity

Quizplus · Accepted Answer

The Statement of Changes in Shareholders' Equity details the movements in equity over an accounting period, including retained earnings, issued share capital, and reserves, reflecting how the equity has changed from the beginning to the end of the period.

Match Each of the Following with the Appropriate Definitions