Statement of Owner’s Equity



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.

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.

 

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