Which of the following entries would be found on a statement of stockholders' equity?
A)Net loss is subtracted from contributed capital.
B)Shares of stock issued are added to retained earnings.
C)Dividends are subtracted from contributed capital.
D)Repurchased shares are subtracted from contributed capital.

Question

Quizplus · Accepted Answer

Repurchased shares, also known as treasury stock, are subtracted from contributed capital on the statement of stockholders' equity.

Which of the Following Entries Would Be Found on a Statement