It records the net income, dividend, and additional capital, if any and finds out the ending balance of retained earnings and stockholder equity.
What is the balance of shareholders equity?
Shareholders' equity is the amount that the owners of a company have invested in their business. This includes the money they've directly invested and the accumulation of income the company has earned and that has been reinvested since inception.
It records the net income, dividend, and additional capital, if any and finds out the ending balance of retained earnings and stockholder equity.
OR
A statement of stockholders’ equity is another name for the statement of shareholder equity. This section of the balance sheet is also known as a statement of shareholders’ equity or a statement of owner’s equity. It gives shareholders, investors or the company’s owner a picture of how the business is performing, net of all assets and liabilities.
Learn more about Stockholders Equity at:
https://brainly.com/question/13278063
#SPJ4