The Statement of Financial Position and Statement of Changes in Equity

Multiple Choice

The statement of financial position and statement of changes in equity are related because

A) the total assets on the statement of financial position is reported on the statement of changes in equity.
B) the ending amount on the statement of changes in equity is reported on the statement of financial position.
C) the ending amount on each statement is transferred to the statement of cash flows.
D) both contain information for the corporation.