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19 May, 23:10

Which financial statement would report all of the following information beginning balances for common stock and retained earnings: current period net income or loss: current period dividends: common stock issued during the year ending balances of common stock and retained earnings? O Retained earnings statement Balance sheet Income statement O Statement of stockholders equity O Comprehensive income statement Confidence Level Rate your confidence to submit your answer

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  1. 20 May, 02:16
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    Statement of stockholders equity

    Explanation:

    The statement of stockholder equity involves the common stock, preferred stock if any, treasury stock, and the retained earnings. The formula to compute the ending balances are shown below:

    The ending balance of retained earning = Beginning balance of retained earnings + net income - cash dividend paid

    And, the ending balance of the common stock = Beginning balance of common stock + preferred stock, if any + issued shares

    And we deduct the treasury stock from the overall value that comes.
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