The statement of owners equity:?
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The statement of owners equity: A. Reports how equity changes at a point in time. B. Reports how equity changes over a period of time. C. Reports on cash flows for operating, financing, and investing activities over a period of time. D. Reports on cash flows for operating, financing, and investing activities at a point in time. E. Reports on amounts for assets, liabilities, and equity at a point in time.
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Answer:
I'll go with B but it's a little ambiguous. It shows how equity changes from one point in time to another which someone might construe to be A.
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