Equity implies the amount of shares owned by a partner in business
A statement of changes in partner's equity should not include cash
<h3>How to determine the exempted content</h3>
In finance, a statement of equity must include all of the following
- Contributed capital by each partner
- Retained earnings by each partner
- Accumulated comprehensive incomes
However, the statement of changes in partner's equity should not include cash
Hence, the statement that answers the question is cash
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Culture trait : A culture trait is the learned system of beliefs, values, traditions, symbols and meanings that are passed from one generation to another within a specific community of people.
The least unit of culture is called the culture trait.
Hence the answer is FALSE.
Im on quizlet. It’s probably B
