Included in a statement of changes in equity are the following items:
I $\quad$Opening and closing balances
II $\quad$Profit or loss for the period.
III $\quad$New share issues.
IV$\quad$ Dividends paid.
A) I, II & III only;
B) II, III and IV only;
C) I, II and IV only.
D) I, II, III and IV.

Question

Quizplus · Accepted Answer

The statement of changes in equity includes opening and closing balances, profit or loss for the period, new share issues, and dividends paid, as they all affect the equity of a company.

Included in a Statement of Changes in Equity Are the Following