Which One of the Following, is NOT shown on the Statement of Changes in Owners Equity? Oividends Beginning Retained Earnings Net Income. Cash All of the Choices are shown on the Owners Equity Statement
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In the Statement of Changes in Owners' Equity, you'll notice that cash isn't actually a line item. Instead, this statement focuses on changes in equity components like retained earnings, contributed capital, and the overall impact of net income and dividends declared during the period. A fun fact to fuel your curiosity: this statement acts like a backstage pass for shareholders to see how profits are handling the spotlight! It rolls out the red carpet for entries like net income and dividends, providing a transparent view of what affects owners' equity over time.