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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.
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Your Company
Name
Statement of Owner's Equity
For
Month Ended June 30, 2008
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Joe
Smith, capital, June 1, 2008
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$10,000.00
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Investment during the month |
1,000.00 |
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Net income |
3,000.00 |
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14,000.00 |
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Withdrawals during the month |
2,000.00 |
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Joe Smith, capital, June 30, 2008 |
$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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