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Accounting Examples - Statement of Owner's Equity

 

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Statement of Owner's Equity

The Statement of Owner's Equity shows the change in owner's equity during a given time period. It lists the owner equity balance at the beginning of the period, additions and subtractions to the balance, and the ending balance. Additions come from owner investments and income; subtractions from owner withdrawals and losses.

 

Your Company Name

Statement of Owner's Equity

For Month Ended June 30, 20XX

Joe Smith, capital, June 1, 20XX

$10,000.00

Investment during the month 1,000.00
Net income 3,000.00
  14,000.00
Withdrawals during the month  2,000.00
Joe Smith, capital, June 30, 20XX $12,000.00

The net income figure contained on this statement comes from the Income Statement and the ending capital balance is used in the owner's equity section of the Balance Sheet.

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Amazon.com
Most popular books for Financial Statements

Reading Financial Reports For Dummies

Reading Financial Reports For Dummies

Paperback: 384 pages

Publisher: For Dummies (December 13, 2004)

Minding Her Own Business: The Self-Employed Woman’s Essential Guide to Taxes and Financial Records

Minding Her Own Business: The Self-Employed Woman’s Essential Guide to Taxes and Financial Records

Paperback: 239 pages

Publisher: Sphinx Publishing Inc; 4th Updated edition (January 1, 2005)

 

 

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