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

Revision as of 16:23, 15 December 2018

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.

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.

Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.

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−	[[Statement of owner's equity]] is a financial report that ~~details~~ the change in [[Owner's Capital]] ~~over a specific period of time. The ending figure for capital~~ is then placed on the balance sheet.	+	[[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]].