What information can be found on a statement of shareholders' equity?
A) Details of assets and liabilities.
B) A reconciliation of beginning to ending cash..
C) Detail of changes in equity accounts.
D) Assets = Liabilities + Stockholders' Equity.

Question

Quizplus · Accepted Answer

A statement of shareholders' equity provides details about the changes in equity accounts, including changes in retained earnings, dividends, and any other changes that affect the ownership of the company. It does not include information about assets and liabilities or cash flow. The equation Assets = Liabilities + Stockholders' Equity is a fundamental accounting equation that is relevant to the balance sheet, but not the statement of shareholders' equity.

What Information Can Be Found on a Statement of Shareholders