How does the stockholders' equity section in the balance sheet differ from the statement of stockholders' equity?

Question

Quizplus · Accepted Answer

The stockholders' equity section in the balance sheet shows the balances of the different components of stockholders' equity (such as common stock, retained earnings, and accumulated other comprehensive income) at a specific point in time. On the other hand, the statement of stockholders' equity shows the activity and changes in these same components of stockholders' equity over a period of time (such as a quarter or a year). Therefore, choice B is the best answer.

How Does the Stockholders' Equity Section in the Balance Sheet