Regarding the Statement of Stockholders' Equity,which of the Following Statements

question 124

Multiple Choice

Regarding the statement of stockholders' equity,which of the following statements is incorrect?

• A) The statement of stockholders' equity has more information than the statement of retained earnings because it reports the changes in all stockholders' equity accounts.
• B) The statement of stockholders' equity does not show the changes to the Retained Earnings account because that information is provided in the statement of retained earnings.
• C) The statement of stockholders' equity is an option for reporting the changes in stockholders' equity of a corporation.
• D) The statement of stockholders' equity reports the number of shares and any changes during the year in preferred, common, and treasury stock.