The statement that reconciles the dollar amounts of a corporation's ownership equity components from the beginning to the end of the accounting period is the
A) Statement of Revenues and Expenses.
B) Statement of Retained Earnings.
C) Statement of Stockholders' Equity.
D) Statement of Cash Flows.
E) Statement of Fund Balance.

Question

Quizplus · Accepted Answer

The Statement of Stockholders' Equity reconciles the dollar amounts of a corporation's ownership equity components from the beginning to the end of the accounting period, including changes due to earnings, dividends, and any stock issuances or buybacks.

The Statement That Reconciles the Dollar Amounts of a Corporation's