Which of the following items is reported in the statement of stockholders' equity?

Question

Quizplus · Accepted Answer

Net income is reported in the statement of stockholders' equity as it is part of the calculation of retained earnings, which is a component of stockholders' equity. Total assets, total expenses, and operating cash flows are reported in other financial statements such as the balance sheet, income statement, and statement of cash flows, respectively.

Which of the Following Items Is Reported in the Statement