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What is the main purpose of the statement of changes in equity?

a. To show an entity's assets, liabilities and equity at the end of an accounting period b. To show an entity's income, expenses and profit for an accounting period c. To show how each component of an entity's equity has changed during an accounting period d. To show an entity's total equity at the end of an accounting period

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Question added by Deleted user
Date Posted: 2013/08/27
taha amer
by taha amer , Finance Manager , Arabia ‎Holding

    c.
To show how each component of an entity's equity has changed during an accounting period

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

c. To show how each component of an entity's equity has changed during an accounting period

Nitin Gupta, ACA
by Nitin Gupta, ACA , FP&A , Rockwell Automation

Answer is option C

 

Mohamed Hakeem Meerashahib
by Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation

The correct answer is option (C)

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

C is the correct answer.

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