1.04 STATEMENT OF CHANGES IN EQUITY Flashcards by CAILEY TALTON | Brainscape

Q

Components of Equity

A

Common Stock
Preferred Stock
APIC
Treasury Stock (contra)
Retained Earnings
Acc OCI

Non-Controlling Interest

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Q

Net Income

A

revenues/gains - expenses/losses

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Q

Retained Earnings Calculation

A

Beg RE + Net Income - Dividends Declared = End RE

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