Which of the following would feature in the statement of changes in equity? 1 Share premium 2 Warranty provision 3 Revaluation surplus 4 Retained earnings A All of them B 1, 2 & 3 only C 1, 3 & 4 only D 2, 3 and 4 only
A provision is a liability and does not feature in the equity section of the statement of financial position, and so cannot feature in the statement of changes in equity.
