Which of the following would not be reported on the statement of changes in shareholders' equity? A) interest expense B) cash dividends declared but not paid C) repurchased share transactions D) net income

Question

Quizplus · Accepted Answer

Interest expense is a component of the income statement, not the statement of changes in shareholders' equity. The statement of changes in shareholders' equity typically reports changes in components of shareholders' equity such as net income, dividends, and share transactions.

Which of the Following Would not Be Reported on the Statement