The last five items, beginning with contributed capital, are components of owners’ equity.
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Open it Assets=Liabilities+Contributedcapital+Beginningretainedearnings+Revenue−Expenses−DividendsAssets=Liabilities+Contributedcapital+Beginningretainedearnings+ Revenue−Expenses−Dividends
Original toplevel document
3.2. Accounting Equations on:
Equation (5a)
Assets = Liabilities + Contributed capital + Ending retained earnings
Or equivalently, substituting Equation 4b into Equation 5a, we can write:
Equation (5b)
<span>Assets=Liabilities+Contributedcapital+Beginningretainedearnings+Revenue−Expenses−DividendsAssets=Liabilities+Contributedcapital+Beginningretainedearnings+ Revenue−Expenses−Dividends
The last five items, beginning with contributed capital, are components of owners’ equity.
The statement of retained earnings shows the linkage between the b
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