In the statement of owner's equity, owner's equity or capital is calculated using:

Name: In the statement of owner's equity, owner's equity or capital is calculated using:
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Owner's equity is calculated using net income when preparing the statement of owner's equity.
Key Takeaway: The statement of owner's equity includes beginning capital, investments made into the business, net income, and owner's withdrawals to determine the ending owner's equity.

In the Statement of Owner's Equity, Owner's Equity or Capital