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Quiz The statement of owner's equity Multiple Choice Reports how equity changes over a
period of time Reports on amounts for assets, Sablities, and equity at a point in time Reports on
cash flows for operating, financing. and investing activities at a point in time Reports how equny
changes ata point in tme. o cash fows for operating, financing and investing activities over a
peniod of tme OEE Next 2 4
Solution
Answer is 4
Reports how equity changes at a point in time
statement of retained earning shows how the begnning balance of equity changes after
adjustment to net income of the period and distribution of dividends to shareholders.

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Quiz The statement of owners equity Multiple Choice Reports how equ.pdf

  • 1. Quiz The statement of owner's equity Multiple Choice Reports how equity changes over a period of time Reports on amounts for assets, Sablities, and equity at a point in time Reports on cash flows for operating, financing. and investing activities at a point in time Reports how equny changes ata point in tme. o cash fows for operating, financing and investing activities over a peniod of tme OEE Next 2 4 Solution Answer is 4 Reports how equity changes at a point in time statement of retained earning shows how the begnning balance of equity changes after adjustment to net income of the period and distribution of dividends to shareholders.