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Author Question: What information can be found on a statement of stockholders' equity? a. A reconciliation of the ... (Read 57 times)

shenderson6

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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


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momolu

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Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

b


shenderson6

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

nguyenhoanhat

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Reply 3 on: Yesterday
Excellent

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