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quester [9]
2 years ago
9

A statement of changes in partners equity should include all of the following except.

SAT
1 answer:
solniwko [45]2 years ago
7 0

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

Read more about equity at:

brainly.com/question/735261

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