Select the statement on which each of the items provided below would be reported.
-Dividends for the period.
A)Statement of retained earnings
B)Statement of stockholders' equity
C)Items that may require reporting on either statement
D)Items not reported on either of the statements

Question

Quizplus · Accepted Answer

Dividends for the period can be reported on both the Statement of Retained Earnings and the Statement of Stockholders' Equity, as they directly affect retained earnings and the overall equity of the company.

Select the Statement on Which Each of the Items Provided