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  • Change in Owner's Equity

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    Amirp Luna
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    The Cebu Car Tech Center's statement of changes in owner's equity for February 2017 shows that owner E. Detoya's beginning capital was 1,045,000. The business made a profit of 184,763 for the month, bringing the total capital to 1,229,763. Detoya took a drawing of 30,000, leaving the ending capital at 1,199,763.

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    STATEMENT OF FINANCIAL POSITION- GRADE 12

    Original Title

    4. Change in Owner's Equity

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    The Cebu Car Tech Center's statement of changes in owner's equity for February 2017 shows that owner E. Detoya's beginning capital was 1,045,000. The business made a profit of 184,763 for the month, bringing the total capital to 1,229,763. Detoya took a drawing of 30,000, leaving the ending capital at 1,199,763.

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    © All Rights Reserved
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    14 views1 page

    Change in Owner's Equity

    Uploaded by

    Amirp Luna
    The Cebu Car Tech Center's statement of changes in owner's equity for February 2017 shows that owner E. Detoya's beginning capital was 1,045,000. The business made a profit of 184,763 for the month, bringing the total capital to 1,229,763. Detoya took a drawing of 30,000, leaving the ending capital at 1,199,763.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
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    Cebu Car Tech Center

    Statement of Changes in Owner’s Equity


    For the month ended 28 February 2017
    E. Detoya, Capital- Beginning 1 045 000
    Add: Profit 184 763
    Total: 1 229 763
    Less: E. Detoya, Drawing 30 000
    E. Detoya, Capital-End 1 199 763

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