Question

Cash investments by owners are listed on which of the following statements?

Multiple Choice

• A) Income statement.

• B) Balance sheet.

• C) Statement of cash flows only.

• D) Statement of owner's equity only.

• E) Statement of owner's equity and statement of cash flows.

Answer 1

Investment by owners shown as equity capital under statement of owners equity.

And also shown in statement of cashflows under cashflows from financing activities.

Ans) option (E) statement of owners equity and statement of cashflows is correct