Question: (a) What is the difference between a statement of changes in equity and statement of retained earnings? (b) How do each of these relate to

(a) What is the difference between a statement of changes in equity and statement of retained earnings?
(b) How do each of these relate to the shareholders' equity section of the statement of financial position?

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a The statement of retained earnings shows all of the changes to retained earnings for the accountin... View full answer

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