Asked by
Elena Salvatore
on Nov 18, 2024
Verified
Stockholders' equity is reduced by the amount in the dividends account.
Stockholders' Equity
The equity held by stockholders in a corporation, determined by subtracting total liabilities from total assets.
Dividends Account
An account used in accounting to track distributions of earnings paid to shareholders.
- Comprehend the influence of financial activities on stockholders' equity.
Verified Answer
JS
Learning Objectives
- Comprehend the influence of financial activities on stockholders' equity.