Register now or log in to join your professional community.
a. To show an entity's assets, liabilities and equity at the end of an accounting period b. To show an entity's income, expenses and profit for an accounting period c. To show how each component of an entity's equity has changed during an accounting period d. To show an entity's total equity at the end of an accounting period
c. To show how each component of an entity's equity has changed during an accounting period
Answer is option C
The correct answer is option (C)
C is the correct answer.