The Statement of Stockholders' Equity Shows

question 78

Multiple Choice

The statement of stockholders' equity shows

• A) only beginning and ending common stock and beginning and ending balance of retained earnings
• B) only changes to common stock and ending retained earnings
• C) only beginning balances of common stock and retained earnings, and the effects of net income (loss) on retained earnings
• D) beginning and ending balance of common stock, retained earnings and all the changes that result from issuing stock, net income (loss), dividends

Distinguish between relevant and irrelevant details in writing.

Assess and describe physical appearances and personalities in descriptive writing.

Develop strategies for career exploration, including the assessment of personal interests and abilities.

Utilize resources effectively for career planning and exploration.

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Definitions:

Deficit

The amount by which expenses surpass income or revenues, resulting in a loss.

Retained Earnings

Profits that a company has reinvested in itself rather than paying out to shareholders as dividends.

Comprehensive Income

This term includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Comprehensive Income

A measure of all changes in equity of a company that result from recognized transactions and other economic events of the period other than those resulting from investments by and distributions to owners.