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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X + y = 12 x - y = 10, the value of the x-determinant for the system shown is -2. Solution: determinant = (1*-1) - (1*1) = -2.
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