The statement of stockholders' equity explains the change in the retained earnings balance caused by stockholder invest
Posted: Sat Aug 07, 2021 6:37 am
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.
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.