The first item appearing on the statement of stockholders' equity is
A)net income
B)the ending balance of retained earnings
C)dividends
D)the beginning balance of retained earnings

Question

Quizplus · Accepted Answer

The first item appearing on the statement of stockholders' equity is typically the beginning balance of retained earnings, as it sets the stage for adjustments made during the period covered by the statement.

The First Item Appearing on the Statement of Stockholders' Equity