Statement of Owner's Equity Explained with Examples | Accounting How To | How to Pass Accounting

Statement of Owner's (Shareholders') Equity Explained | Accounting How To is an accounting tutorial explaining the statement of owner's equity, the statement of partner's equity, the statement of members' equity, and the statement of shareholders' (stockholders') equity, showing examples of each. This is an accounting tutorial for accounting students, business owners, and bookkeepers to explain accounting basics for beginners. Featuring Terrance the T-Account Rex and accounting educator, Caroline Grimm, this accounting tutorial is part the playlist series: How to Pass Accounting Class and Accounting Basics for Business Owners. ⏰ Accounting How To Time Stamps: 00:00 Introduction to the Statement of Owner's Equity 00:31 Equity by business type 01:15 Purpose of statement of owner's equity 02:28 Statement of Owner's Equity: Sole Proprietor Example 04:07 Statement of Partners' or Members' Equity 05:24 Tracking equity in a multi-owner business 05:33 Equity in a Corporation 06:46 Tracking equity in a publicly traded corporation Link to Contra Account video: https://youtu.be/_pQf6WHdQSc 🎥 Playlists: