Which of the Following Items Will Not Be Disclosed on a Statement

question 154

Multiple Choice

Which of the following items will not be disclosed on a statement of stockholders' equity?

• A)Net income
• B)Issuance of common stock for cash
• C)Extraordinary gains and losses
• D)Issuance of common stock in exchange for noncash assets

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Definitions:

External Investors

Individuals or entities that provide capital to a company or project but are not part of the company's internal structure.

Financial Reporting

Generating documents that expose the economic health of an organization to its leadership, stakeholders, and government agencies.

Rules-Based

A regulatory or decision-making approach that relies strictly on written rules, standards, and procedures.

Loopholes

Provisions in laws or regulations that allow individuals or companies to avoid abiding by the spirit of the law in a legal way.