2A1B THE STATEMENT OF SHAREHOLDERS’ EQUITY SHOWS A A. RECONCILIATION...

4.

CSO: 2A1d

LOS: 2A1b

The statement of shareholders’ equity shows a

a.

reconciliation of the beginning and ending balances in shareholders’ equity

accounts.

b.

listing of all shareholders’ equity accounts and their corresponding dollar

amounts.

c.

computation of the number of shares outstanding used for earnings per share

calculations.

d.

reconciliation of the beginning and ending balances in the Retained Earnings

account.