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What is a Statement of Changes in Equity and its Purpose?

September 14, 2011 Vic Leave a Comment

Sample Statement of Changes in equity

What is a statement of changes in equity and what is its purpose? A statement of changes in equity is a separate component of financial statements. It presents an entity’s total comprehensive income for the period (profit or loss plus other comprehensive income for the period), … [Read more...]

Accounting capital, corporation, equity, financial accounting, Financial Statements, statement of changes in equity

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