Question

An increase in common stock would be reflected in the statement of stockholders' equity. Select one: True False

Answer 1

Answer:

The answer is true.

Explanation:

And increase or decrease in common stock or shareholders' equity is shown under statement of stockholders' equity.

It tells us the changes that happened from the beginning of the year till year ending.

It tells us how retained earnings decrease or increase, the dividend paid for the year, changes in common equity.