Which of the following items would normally not be seen in a statement of changes in shareholders' equity?
A) Land
B) Net comprehensive income or loss
C) Dividends
D) New issues of common stock

Question

Quizplus · Accepted Answer

Land is not typically included in a statement of changes in shareholders' equity as it is an asset and does not affect equity. The statement of changes in shareholders' equity shows changes in equity resulting from transactions with shareholders or other changes in equity that are not related to transactions with shareholders. The other options, net comprehensive income or loss, dividends, and new issues of common stock, are all examples of transactions that can impact shareholders' equity and would be included in the statement.

Which of the Following Items Would Normally Not Be Seen