Financial statements, balance sheet, equity omission
The equity section only reflects part of the paid-in capital from stock transactions. The Common Stock account is often subject to a par value restriction so it does not reflect all the funds paid in by investors. The Common Stock account often shows only a trivial portion of that amount, so most of what investors paid in is missing. Most of the capital that was paid in is often in the Additional Paid In Capital account, which is not displayed in Yahoo Finance's balance sheet presentation. A fine compromise would be to include the additional paid in capital accounting in the line item Common Stock if you don't wish to add the extra line. At least them the total equity shown would come much closer to adding up to the elements within that section. Otherwise, thank you for providing an easy to use, yet fairly comprehensive site that is helpful for my 250 or so accounting students I teach every year.
Jon Mikkelsen
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We would like to further investigate this, please send a screenshot at finance.support@verizonmedia.com
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Yahoo Finance