1.) The statement of stockholders' equity includes which of the following for the period? A. Inflows...

1.) The statement of stockholders' equity includes which of the following for the period?

A. Inflows and outflows of cash that benefit stockholders.

B. Changes in stockholders' equity accounts.

C. Current assets available to pay current liabilities to reduce risk to stockholders.

D. Details of a company's profitability that represents stockholders' claims.

2.) A debit in a journal entry is always posted to the general ledger as a(n):

A. Decrease.

B, Debit.

C. Increase.

D. Credit.

Expert Solution

1.) The statement of stockholders' equity includes the following for the period

B. Changes in stockholders' equity accounts.

Correct option is (B)

2.) A debit in a journal entry is always posted to the general ledger as a :

B, Debit.

Correct option is (B)

ekkarill92 answered 2 years ago

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