Difference between revisions of "Statement of owner's equity"

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[[Statement of owner's equity]] is a [[financial report]] that reveals the change in capital. The ending figure for [[Owner's Capital]] is then placed on the [[balance sheet]].
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[[Statement of owner's equity]] is the [[financial report]] that reveals the change in capital. The ending figure for [[Owner's Capital]] is then placed on the [[balance sheet]].
  
  

Revision as of 16:24, 15 December 2018

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


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

Related coursework