The Statement of Stockholders' Equity

question 186

Multiple Choice

The statement of stockholders' equity

• A)is one of the required financial statements for the annual report,when changes have occurred in the stockholders' equity accounts.
• B)shows only the changes in retained earnings for the period,which includes the increase or decrease as a result of net income or loss for the period,and dividends for the period.
• C)includes accounts,such as the Retained Earnings and Common Stock accounts,but not changes to the Retained Earnings account,since those items are reported on the statement of retained earnings.
• D)is used only if a corporation frequently issues common stock.

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Definitions:

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