If a company fails to adjust a prepaid rent account for rent that has expired, Assets will be overstated and net income and stockholders' equity will be overstated effect will this have on that month's financial statements.
A shareholder of a legal entity is a person or entity registered by the legal entity as the legal owner of an interest in the share capital of a public or private legal entity. Shareholders can be considered members of the legal entity.
A shareholder is defined as a person who owns shares in a company. A person who owns stock in Apple is an example of a shareholder. noun. A person who owns one or more shares in a company or business. Synonym for the shareholder.
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