Difference between revisions of "Statement of owner's equity"
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| − | [[Statement of owner's equity]] is | + | [[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 [[corporation]]s, the ''Report'' is called the [[statement of shareholder's equity]] or [[statement of shareholders' equity]]. |
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| + | ==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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| + | ==Related concepts== | ||
| + | *[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws. | ||
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| + | ==Related lectures== | ||
| + | *[[Bookkeeping Quarter]]. | ||
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| + | [[Category: Septem Artes Administrativi]][[Category: Articles]] | ||
Latest revision as of 03:25, 5 November 2019
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.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
