Asked by Jackson Hooper on May 04, 2024
Verified
A detailed stockholders' equity section in the balance sheet will list the names of individuals who are eligible to receive dividends on the date of record.
Stockholders' Equity Section
The portion of the balance sheet that represents the ownership interest of shareholders in a company.
Date of Record
The specific date on which a company determines the eligible shareholders for receiving dividends or other corporate distributions.
- Comprehend the different sections of the stockholders' equity statement and their significance.
Verified Answer
TP
Towanada PettwayMay 10, 2024
Final Answer :
False
Explanation :
The stockholders' equity section of the balance sheet will list the different types of stock (common and preferred), the number of shares outstanding, the par value of the shares, any additional paid-in capital, retained earnings, and any accumulated comprehensive income. It does not list the names of individual stockholders who are eligible to receive dividends on the date of record.
Explanation :
The stockholders' equity section of the balance sheet includes information such as the total amount of common stock and retained earnings. It does not list the names of individuals who are eligible to receive dividends on the date of record.
Learning Objectives
- Comprehend the different sections of the stockholders' equity statement and their significance.
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