Which of the following items could be found on a statement of shareholders' equity?

a. Reasons for retained earnings increases or decreases.
b. A reconciliation of beginning to ending cash.
c. The market value of the firm’s common stock.
d. Assets = Liabilities + Stockholders’ Equity.

Statement of shareholder's equity is the statement that represents the changes in the equity. There are certain standards that the corporation must adhere to when they prepare and present this statement. Either GAAP (Generally accepted accounting principles) or IFRS(international financial reporting standards) / IAS (international accounting standards).

Furthermore, there might be other local legal requirements too.

Which of the following items could be found on a statement of shareholders' equity? a. Reasons for retained earnings increases or decreases. b. A reconciliation of beginning to ending cash. c. The market value of the firm’s common stock. d. Assets = Liabilities + Stockholders’ Equity.

Respuesta :

Otras preguntas

Which of the following items could be found on a statement of shareholders' equity?

a. Reasons for retained earnings increases or decreases.
b. A reconciliation of beginning to ending cash.
c. The market value of the firm’s common stock.
d. Assets = Liabilities + Stockholders’ Equity.