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3 years ago

Which statement reports the changes in shareholders' equity during the period that were not a result of transactions by owners.

Business

1 answer:

guajiro [1.7K]3 years ago

3 0

Answer:

the statement of comprehensive income

Explanation:

The statement of comprehensive income refers to a summary in which the net assets are to be recognized for a particular period of time. It shows the adjustments made to the equity that would be highlighted also. Plus the net income could be determined by preparing an income statement

Therefore in the given case, the changes that are made in the stockholder equity would be come under the comprehensive income statement and the same is to be considered

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3 years ago

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2 years ago

What is an exhibit?

Hunter-Best [27]

Answer:

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2 years ago

If South Dakota's governor reports a budget surplus in 2011, that state government likely:

poizon [28]

The governor of South Dakota reports a budget surplus in 2011 and he states that the government received more taxes in the year than it spent in that year

Explanation:

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2 years ago

On November 1, Arvelo Corporation had $32,000 of raw materials on hand. During the month, the company purchased an additional $7

Maurinko [17]

Answer:

Option (c) is correct.

Explanation:

Given that,

Raw materials on hand = $32,000

Purchased an additional raw materials = $78,000

During November,

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Totaled indirect materials = $3,000

The journal entry is as follows:

Work in process inventory (95,000 - 3,000) A/c Dr. $92,000

Manufacturing overhead A/c Dr. $3,000

To Raw material A/c $95,000

The work in process is debited by $92,000 and raw material is credit by $95,000.

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3 years ago