Statement of owner's equity

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Statement of owner's equity (hereinafter, the Report) is the financial report that reveals the change in capital. The ending figure for Owner's Capital is then placed on the balance sheet. In corporations, the Report is called the statement of shareholder's equity or statement of shareholders' equity.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Statement of owner's equity. A financial statement that reveals the change in capital. The ending figure for capital is then placed on the balance sheet.

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