Most companies use a(n) _________ rather than a retained earnings statement.
A) balance sheet
B) income statement
C) statement of cash flows
D) statement of stockholders' equity

Question

Quizplus · Accepted Answer

Most companies use a statement of stockholders' equity instead of a retained earnings statement because it provides a more comprehensive view of changes in equity, including retained earnings, common stock, and other equity components.

Most Companies Use A(n) _________ Rather Than a Retained Earnings