changes in retained earnings are commonly reported in the: multiple choice statement of cash flows. balance…

changes in retained earnings are commonly reported in the: multiple choice statement of cash flows. balance sheet. statement of stockholders equity. multiple - step income statement.

changes in retained earnings are commonly reported in the: multiple choice statement of cash flows. balance sheet. statement of stockholders equity. multiple - step income statement.

Answer

Brief Explanations:

The statement of stockholders' equity shows the changes in the components of stockholders' equity, including retained earnings. The statement of cash flows shows cash - related activities, the balance sheet shows the financial position at a point in time with ending retained earnings but not the changes, and the multiple - step income statement focuses on revenues and expenses to calculate net income, not changes in retained earnings.

Answer:

C. Statement of stockholders' equity