Question: An entitys equity may decrease during a fi nancial period because: a. There was a new share issuance. b. Total comprehensive income was higher than
An entity’s equity may decrease during a fi nancial period because:
a. There was a new share issuance.
b. Total comprehensive income was higher than net profit.
c. Prior-period errors resulted from overstatement of the previous year’s profi ts.
d. Other comprehensive income was lower than net profit.
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