Answered: The changes in the _______ are reported…

The changes in the _______ are reported in the statement of changes in owner's equity. cash in bank account owner's capital account liability accounts asset accounts

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 8DQ: Describe the relationship between changes in cash and changes in noncash assets, liabilities, and...

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Question

The changes in the _______ are reported in the statement of changes in owner's equity.

	cash in bank account
	owner's capital account
	liability accounts
	asset accounts

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