A statement of stockholders' equity:

Question

Quizplus · Accepted Answer

A statement of stockholders' equity presents a detailed analysis of the changes in each component of stockholders' equity during the accounting period, including common stock, preferred stock, retained earnings, and other elements of equity. It does not replace the income statement but complements it and other financial statements. It does not have single-step or multiple-step formats, which are terms more applicable to the income statement.

A Statement of Stockholders' Equity