intro to bus 2 chapter 15 understanding accounting and fin sys: a record of the change in the equity from the end of one fiscal period to the end of the next fiscal period
- begins with the amount of equity shown on the balance sheet
- net income is added, and cash dividends paid to owners are subtracted

Question

a record of the change in the equity from the end of one fiscal period to the end of the next fiscal period
- begins with the amount of equity shown on the balance sheet 
- net income is added, and cash dividends paid to owners are subtracted

Kai Pineau · Accepted Answer

statement of changes in equity

intro to bus 2 chapter 15 understanding accounting and fin sys

A record of the change in the equity from the end of one fiscal period to the end of the next fiscal period - begins with the amount of equity shown on the balance sheet - net income is added, and cash dividends paid to owners are subtracted

Statement of changes in equity

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