ACCA Applied Knowledge · Business and Technology · Financial information provided by business
Which of the following is shown in the statement of changes in equity?
Dividends paid to shareholders are shown in the statement of changes in equity, which reconciles opening and closing equity through profit, share issues and dividends. Cash paid to suppliers is a cash flow item and closing inventory is a statement of financial position asset.
- ADividends paid to shareholders during the periodCorrect
- BCash paid to suppliers during the period
- CClosing inventory valued at the year end
Explanation
The statement of changes in equity reconciles opening to closing equity, showing total comprehensive income, share issues and dividends. Cash paid to suppliers belongs in the cash flow statement, and closing inventory is an asset in the statement of financial position.
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