Question

The _____ lists the beginning and ending balances of key equity accounts and describes the changes that occur during the period. Multiple choice question. income statement statement of retained earnings statement of stockholders' equity

Answer 1

It should be noted that statement of retained earnings gives lists of the beginning and ending balances of key equity accounts.

What is statement of retained earnings?

The statement of retained earnings  can be regarded as a financial statements which provides details changes in the volume of retained earnings over some period.

statement of retained earnings describes the changes that occur during the period.

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