The financial statement that summarizes how equity changes over the reporting period is called the balance sheet.

Name: The financial statement that summarizes how equity changes over the reporting period is called the balance sheet.
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The financial statement that summarizes how equity changes over the reporting period is called the statement of changes in equity. The balance sheet summarizes a company's assets, liabilities, and equity at a specific point in time.

The Financial Statement That Summarizes How Equity Changes Over the Reporting