According to PAS 1, dividends declared by an entity are disclosed in the a. Statement of changes in equity b. Notes c. None of these d. c or d The first line in the Statement of changes in owner’s equity is a. Profit or loss b. Beginning capital c. Additional contributions d. Drawings

According to PAS 1, dividends declared by an entity are disclosed in the a. Statement of changes in equity b. Notes c. None of these d. c or d The first line in the Statement of changes in owner’s equity is a. Profit or loss b. Beginning capital c. Additional contributions d. Drawings

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

According to PAS 1, dividends declared by an entity are disclosed in the
a. Statement of changes in equity
b. Notes
c. None of these
d. c or d

The first line in the Statement of changes in owner’s equity is
a. Profit or loss
b. Beginning capital
c. Additional contributions
d. Drawings

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