A financial statement that reveals the change in capital. The ending fi gure for capital is then placed on the balance sheet is called: FE1 a) Income Statement b) Statement of owner’s Equity c) Balance Sheet d) None of the above

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter2: Introduction To Financial Statements
Section: Chapter Questions
Problem 1MC: Which of these statements is not one of the financial statements? A. income statement B. balance...
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A financial statement that reveals the change in capital. The ending fi gure for capital is then
placed on the balance sheet is called:
FE1
a) Income Statement
b) Statement of owner’s Equity
c) Balance Sheet
d) None of the above

 

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