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Which one of the following will not be found in a statement of changes in equity?
Suggested Answer: C
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12 comments · newest first
FA
Fanny
2 months ago
Right! The statement focuses on equity changes, not debts.
YU
Yun
2 months ago
Agreed, debentures are liabilities, not equity.
RI
Ria
2 months ago
I think C) Debentures is the answer.
YO
Yolando
2 months ago
I thought debentures were part of equity too, but I guess not!
AR
Ardella
2 months ago
Yep, general reserve and share premium are definitely included.
IR
Irma
2 months ago
Wait, are you sure about that?
ME
Melynda
3 months ago
Totally agree, it's all about equity!
JE
Jesusa
3 months ago
C) Debentures won't be in there.
WE
Weldon
3 months ago
I’m a bit confused; I thought debentures could sometimes be included in equity discussions, but maybe not in this context?
AL
Alpha
3 months ago
I practiced a similar question last week, and I believe ordinary shares and reserves are definitely part of equity, so it must be C.
LO
Lovetta
3 months ago
I'm not entirely sure, but I remember something about reserves and share premiums being included in equity statements.
MI
Mitzie
3 months ago
I think the answer is C) Debentures because they are liabilities, not part of equity.