Multiple Choice
Which of the following is NOT normally shown in the statement of changes in equity?
A) Changes in the cash balance during the period.
B) Additional investments by the owner in the business.
C) The business' net income.
D) Owner withdrawals during the period.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: When the business earns revenue, the ultimate
Q3: Unearned revenue is an economic resource of
Q4: Adjusting entries are journal entries that a
Q5: A business records the apportionment of the
Q6: A prepaid expense is an economic resource
Q7: Adjusting entries are journal entries that a
Q8: A business with a manual accounting system
Q9: The left side of the T account
Q10: A trial balance is:<br>A) A schedule that
Q11: _ _ are journal entries a business