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

question 72

Multiple Choice

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

• A)Conversion of preferred stock into common stock
• B)Results of discontinued operations
• C)Purchase of treasury stock
• D)Declaration of a stock dividend

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Definitions:

Error Detection

A process or technique used in computing and communications to identify mistakes or inaccuracies in data transmission or processing.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that total debits equal total credits.

Account Balances

The amount of money or value contained in an account at a particular moment, reflecting all transactions.

Accrued Revenues

Revenues that have been earned but not yet received in cash or recorded, representing assets on the balance sheet until they are realized.