Statement of Changes in Owner’s Equity Meaning And Definition:
It is also called as statement of retained earnings. This statement provides information
about the changes or position of owner’s equity in the company. How the retained earnings
are employed in the business concern. Nowadays, preparation of this statement is not
popular and nobody is going to prepare the separate statement of changes in owner’s equity.
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It is also called as statement of retained earnings. This statement provides information
about the changes or position of owner’s equity in the company. How the retained earnings
are employed in the business concern. Nowadays, preparation of this statement is not
popular and nobody is going to prepare the separate statement of changes in owner’s equity.
Definition Of Statement of Changes in Owner’s Equity
![Definition Of Statement of Changes in Owner’s Equity]()
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