Select the statement on which each of the items provided below would be reported.
-Issuance of common stock.
A)Statement of retained earnings
B)Statement of stockholders' equity
C)Items that may require reporting on either statement
D)Items not reported on either of the statements

Question

Quizplus · Accepted Answer

Issuance of common stock would be reported on the statement of stockholders' equity as it represents a transaction that affects the equity of the company.

Select the Statement on Which Each of the Items Provided