The statement of stockholders' equity explains the change in the retained earnings balance caused by stockholder invest

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answerhappygod
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The statement of stockholders' equity explains the change in the retained earnings balance caused by stockholder invest

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The statement of stockholders' equity explains the change in the retained earnings balance
caused by stockholder investments and dividend declarations.


Answer: FALSE
Explanation: Beginning retained earnings + net income − dividends = ending retained earnings;
stockholder investments in common stock are not part of the statement.
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