Question: The financial statement that shows the changes in equity that resulted from net income (or net loss); and dividends to stockholders is the: Multiple Choice

The financial statement that shows the changes in equity that resulted from net income (or net loss); and dividends to stockholders is the:

Multiple Choice

  • Income statement.

  • Balance sheet.

  • Statement of cash flows.

  • Statement of financial position.

  • Statement of retained earnings.

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