2 Name the title of financial statement, which is audited to recognize total contribution of the shareholders in the company. a. Statement of financial performance b. Statement of Owner’s equity c. None of the options d. Statement of flow of cash

2 Name the title of financial statement, which is audited to recognize total contribution of the shareholders in the company. a. Statement of financial performance b. Statement of Owner’s equity c. None of the options d. Statement of flow of cash

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Name the title of financial statement, which is audited to recognize total contribution of the shareholders in the company.

Statement of financial performance

Statement of Owner’s equity

None of the options

Statement of flow of cash

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