The statement of changes in equity is dependent on the results from

A) the statement of cash flows.
B) the statement of financial position.
C) the statement of income.
D) a company's share capital.

Changes in Equity

Changes in equity refer to the adjustments in the value of a company's equity over a specific period due to transactions with owners, issuance or repurchase of shares, profits or losses, and dividends.

Statement of Income

A financial document that shows a company's revenues, expenses, and profits over a specific period, highlighting the company's operating performance.

Share Capital

The amount of money that shareholders invest in a company in exchange for shares of ownership.