Author Question: What information can be found on a statement of stockholders' equity? a. A reconciliation of the ... (Read 19 times)

shenderson6 · **on:** Jul 6, 2018

What information can be found on a statement of stockholders' equity?

a. A reconciliation of the cash account and the retained earnings account.
b. A reconciliation of the beginning and ending balances of all accounts that appears in the stockholders' equity section of the balance sheet.
c. A reconciliation of the operating, investing and financing activities of a firm.
d. A reconciliation of net profit or loss and the cash account.

Question 2

Which of the following can be prepared by taking the account balances from the general ledger after closing?
a. Income statement
b. Post-closing trial balance
c. Balance sheet
d. Statement of owner's equity
e. Adjusted trial balance