Ch. 7 Statement of stockholders' equity
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Statement of stockholders equity reports
changes to stockholders equity accounts. The total for each account agrees to the balance sheet on the date stated.
the balance sheet states only the ____ balance
cumulative
private companies generally state
2 years.
public companies are required to provide
3 years information
where is the current year activity listed?
at the bottom of the statement
the statement of stockholders equity reports
the transactions that occurred during the period and how the transaction changed the total stockholders equity account balances reported on the balance sheet.