How does the stockholders\' equity section in the balance sheet differ from the
ID: 2389671 • Letter: H
Question
How does the stockholders' equity section in the balance sheet differ from the statement of stockholders' equity?a. The stockholders' equity section is more detailed than the statement of stockholders' equity.
b. The stockholders' equity section shows balances at a point in time, whereas the statement of stockholders' equity shows activity over a period of time.
c. The stockholders' equity section shows activity over a period of time, whereas the statement of stockholders' equity is at a point time.
d. There are no differences between them.
Explanation / Answer
b. The stockholders' equity section shows balances at a point in time, whereas the statement of stockholders' equity shows activity over a period of time.
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