Which of the following is not a component of the statement of changes in equity? A. Comprehensive income for the period B. Effect of changes in accounting policies and correction of prior period errors C. Operating, investing and financing activities of the firm D. Transactions with owners in their capacity as owners showing separately contributions by and distributions to owner
Which of the following is not a component of the statement of changes in equity? A. Comprehensive income for the period B. Effect of changes in accounting policies and correction of prior period errors C. Operating, investing and financing activities of the firm D. Transactions with owners in their capacity as owners showing separately contributions by and distributions to owner
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 1RE
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Which of the following is not a component of the statement of changes in
equity?
A. Comprehensive income for the period
B. Effect of changes in accounting policies and correction of prior period errors
C. Operating, investing and financing activities of the firm
D. Transactions with owners in their capacity as owners showing separately
contributions by and distributions to owners
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