Madimetja: ”secondly, the statement of changes in equity, with this one you will see how the equity of your business has changed from one financial year to the other. Remember equity reflects the book value of your business and another way to determine this is to take the total value of the assets minus the total value of liabilities of the business” Sipho:”and why would I be interested in that?
Gamer, how is a statement of changes in equity relevant to running your business?”
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