Statement of Changes in Shareholder’s Equity
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The balance sheet provides a broad picture of the company’s financial position along with the details about its assets and liabilities. However, if an analyst wants to take a close look at the shareholder’s activities, he will use the statement of changes in shareholder’s equity.
The statement of changes in shareholder’s equity provides a summary changes in balance sheet equity accounts from one accounting period to the next. This statement is an important link between the balance sheet and the income statement
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