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The statement of retained earnings or the statement of stockholders equity reconciles the net income, dividends paid, and the change in retained earnings during a

The statement of retained earnings or the statement of stockholders equity reconciles the net income, dividends paid, and the change in retained earnings during a particular year.
Which of the following best describes shareholders equity?
Equity is the sum of shareholders capital provided by shareholders and retained earnings.
Equity is the difference between the companys assets and retained earnings.

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