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The Financial Statement That Shows the Beginning Balance of Equity,the

Question 13

Multiple Choice

The financial statement that shows the beginning balance of equity,the changes in equity that resulted from new investments by the owner,net income (or net loss) ,withdrawals,and the ending balance of equity is the:


A) Statement of financial position.
B) Statement of cash flows.
C) Balance sheet.
D) Income statement.
E) Statement of changes in equity.

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