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QUESTION IMAGE

select all that apply which of the following are alternative names for …

Question

select all that apply
which of the following are alternative names for the statement of changes in stockholders equity?

□ the statement of financial position
□ the statement of changes in capital stock
□ the statement of changes in retained earnings
□ the statement of changes in financial position
□ the statement of changes in owners equity
□ the statement of changes in net worth

Explanation:

Brief Explanations
  • "The statement of financial position" is the balance sheet, not related to stockholders' equity changes.
  • "The statement of changes in financial position" is about cash flow or working capital, not equity.
  • The other options relate to changes in stockholders' (owners') equity components (capital stock, retained earnings) or net worth (equivalent to equity).

Answer:

B. The statement of changes in capital stock,
C. The statement of changes in retained earnings,
E. The statement of changes in owners' equity,
F. The statement of changes in net worth