The Owner's Equity statement illustrates the capital account changes due to contributions, withdrawals, net income, or a net loss. So Ending Balance of the statement of changes in Owner's equity will be; Opening capital + Capital Added + Net Income - Owner's Withdrawals.
A one-page report titled a "statement of owner's equity" compares all assets and liabilities to determine the owner's equity's overall value. The snapshot, which is tracked over a predetermined time period or accounting period, depicts the flow of cash through a company.
Owner's equity is simply the difference between the owner's initial investment in the business and any withdrawals made by the owner. For instance: A real estate project with a value of $500,000 and a loan balance of $400,000 would have $100,000 in owner's equity.
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Jan. 1, 2013:
Initial investment = (100 shares)*($30/share) = $3,000.
End of 2013:
Dividend collected = ($2/share)*(100 shares) = $200
End of 2014:
Dividend collected = ($3/share)*(100 shares) = $300
End of 2015:
Dividend collected = ($4/share)*(100 shares) = $400
Returns::
From sales of 100 shares = ($33/share)*(100 shares) = $3,300
From dividends = 200 + 300 + 400 = $900
Total returns = 3,300 + 900 = $4,200
Realized returns = Total returns - Initial inestment
= 4200 - 3000
= $1,200
Answer: $1,200
Answer:
The answer is $1,404,000
Explanation:
Total amount realized from the issuance: 40,000 shares x $24
= $960,000
Treasury stock repurchased:
6,000 shares x $26
=$156,000
Net income = $600,000
The total amount of stockholders' equity at December 31, 2018 is:
Net income + amount realized from issuance - amount of treasury stock
$600,000 + $960,000 - $156,000
$1,404,000
