Multiple Choice
Which of the following is false concerning the statement of stockholders' equity?
A) IFRS require a statement of stockholders' equity.
B) U.S. GAAP does not require a statement of stockholders' equity.
C) Net income and dividends close into Retained Earnings.
D) Other comprehensive income and retirement of repurchased shares close into Accumulated Other Comprehensive Income.
Correct Answer:
Verified
Correct Answer:
Verified
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