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Which of the following is not an account type reported in the statement of stockholders' equity?
Accruals
An accounting practice that documents income and expenditures at the time they happen, irrespective of the timing of the associated cash transactions.
Recorded
The act of documenting transactions, changes, or events in the relevant books or databases for future reference and analysis.
Incurred
Refers to costs or expenses that have been realized or consumed in the operation of a business, often indicating that an economic event affecting the company's finances has taken place.
Depreciates
The process by which the value of an asset decreases over time, usually due to wear and tear or obsolescence.
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