The statement of owners' equity simply list the beginning balance, additions, deductions and ending balance of owners' equity for the accounting period. when capital contributions have been made during the period, we must exame the owners' capital accounts in the general ledger to deternine the exact ending balance of owners' equity.
The statement of owners' equity simply list the beginning balance, additions, deductions and ending balance of owners' equity for the accounting period. when capital contributions have been made during the period, we must exame the owners' capital accounts in the general ledger to deternine the exact ending balance of owners' equity.
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