A(n) _______ shows the change in equity from the end of last fiscal year to the end of the current one.

Question

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The statement of changes in equity shows the change in equity from the beginning of the year to the end, including any net income, dividends, and other adjustments made during that time. It is specifically designed to track changes in equity, whereas the income statement (A) shows revenue and expenses over a period of time, the statement of cash flows (C) shows cash inflows and outflows, and the P&L statement (D) is another term for the income statement.

A(n) _______ Shows the Change in Equity from the End