Statement of Earnings See Income Statement. Statement of Financial Position See Balance Sheet. A financial statement summarizing the changes in retained earnings for a stated period. Also known as Statement of Changes in Capital Accounts or Statement of Changes in Retained Earnings and Reserves. Stock Capital of a corporation that is divided into portions or shares.
Stock refers to an equity or ownership interest in a corporation.
There may be several classes of stock in a corporation, each class divided into equal portions or shares. Ownership of shares is demonstrated by stock certificates. Stock Certificate A written instrument that shows ownership of shares in a corporation. Stock Dividend A dividend paid by the issuance of shares of capital stock. Stockholder See shareholder.