Use the above video link to answer the following questions. 1. Which of the following is not required of private companies, who may show the information in a supporting schedule or note? a. Income statement. b. Balance sheet. c. Statement of shareholders' equity. d. None of these choices. 2. The statement of shareholders' equity shows a. Beginning balances of the equity accounts. b. Changes in the equity accounts over the accounting period. c. Ending balances of the equity accounts. d. All of these choices.

Use the above video link to answer the following questions. 1. Which of the following is not required of private companies, who may show the information in a supporting schedule or note? a. Income statement. b. Balance sheet. c. Statement of shareholders' equity. d. None of these choices. 2. The statement of shareholders' equity shows a. Beginning balances of the equity accounts. b. Changes in the equity accounts over the accounting period. c. Ending balances of the equity accounts. d. All of these choices