Statement of Owner’s Equity

Previous Lesson: Multi Step Income Statement

Next Lesson: Balance Sheet

Statement of Owner’s Equity shows the financial interest or claim of the owner. Financial interest of the owner represents residual claim against assets of the business. It includes initial investment plus any further investment and dividend or profit and less withdrawal or/and loss and closing balance which carry forward to balance sheet.



statement of owner equity format

 

>> Read Financial Statement.

Back To Principles of Accounting
Next To Balance Sheet

Related Topics

Adjusted Trial Balance MCQs

Financial Statement

Income Statement

Multi Step Income Statement

Statement of Owner’s Equity

More Interest

Adjusted Trial Balance Problems

Adjusted Trial Balance

Classified Balance Sheet

Financial Statement Problems

Financial Statement MCQs

Further Readings

Principles of Accounting

Accounting Examples

Accounting MCQs

Accounting Exercises 

Accounting Formats

References

Gupta, R. L., & Radheswamy, M. (2009). Advanced Accountancy (Vol. I & II). New Delhi: S Chand & Co.

Jain, S. .., & Narang, K. N. (2014). Advanced Accountancy. New Delhi: Kalyani Publishers.

Maheshwari, S. N., & Maheshwari, S. K. (2009). An Introduction to Accountancy. (10th, Ed.) New Delhi: Vikas Publishing House Pvt. Ltd.

Maheshwari, S. N., & Maheshwari, S. K. (2009). Financial Accounting. (5th, Ed.) New Delhi: Vikas Publishing House Pvt. Ltd.

Maheshwari, S. N., & Maheshwari, V. L. (2009). Advanced Accountancy (Vol. I & II). New Delhi: Vikas Publishing House Pvt. Ltd.

Mukharji, A., & Hanif, M. (2003). Financial Accounting (Vol. 1). New Delhi: Tata McGraw-Hill Publishing Co.

 

0 Comments