Earnings Per Share will appear on a corporation's income statement. Is there a general ledger for Earnings Per Share? Why or why not?© BrainMass Inc. brainmass.com June 3, 2020, 10:07 pm ad1c9bdddf
You have posted a very thoughtful question! No, there is no general ledger account for earnings per share. Following are some reasons why not:
1. On the balance sheet of a corporation, capital is stated as a dollar amount and could include several capital accounts: capital stock or common stock, preferred stock, paid in capital, restricted stock or treasury stock. All of those accounts are equity accounts and all are presented in dollar values, ...
The 295 word solution presents four paragraphs explaining four reasons why there is no general ledger account for EPS, but then two further paragraphs explain the importance of EPS and its presentation.