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in the statement of changes in equity the company had decreases in capital wherein income is distributed to owners identify the kind of business​

Sagot :

Answer:

  • statement of changes in equity and similarly the statement of changes in owner's equity for a sole trader, statement of changes in partners' equity for a partnership, statement of changes in shareholders' equity for a company or statement of changes in taxpayers' equity[1] for government financial statements is one of the four basic financial statements.

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