1

Cookie Fantasy Bakeshop

Statement of changes in Equity
For the year ended December 31, 20x1
Balance, January 1, 20x1                                -
Add: Owners Investment                              75,000.00
Add: Net income                                          37,545.00
Deduct: Owners drawings                           - 15,000.00
Balance, December 31, 20x1                         97,545.00

Cookie Fantasy Bakeshop

Statement of changes in Equity
For the year ended December 31, 20x2
Balance, January 1, 20x2                   97,545.00
Add: Owners Investment                        31,050.00
Add: Net income                                         48,950.00
Deduct: Owners drawings                       - 5,000.00
Balance, December 31, 20x1               172,545.00

2
91,910.00 retained earnings
23,555.00 A/R

3
MNO Partnership
Statement of Changes in Partner's Equity
For the year ended December 31, 20x4
Mario Nancy Olga
Capital, Jan 1, 20x4 58,960.00 63,200.00 64,890.00
Add:
Net Income 20x4 18,850.00 28,275.00 28,275.00
Additional Investment: 7,640.00 12,000.00
85,450.00 91,475.00 105,165.00
Less: Withdrawals - 5,000.00 - 5,430.00
Capital: December 31, 20x4 85,450.00 86,475.00 99,735.00

4
JKL Partnership
Statement of Cahnges in Equity
For the year ended December 31, 20x4
Jaime Kristine Lally
 Capital, Jan 1, 20x4 54,900.00 53,200.00 44,890.00
Add:
Net Income, 20x4 17,200.00 17,200.00 17,200.00
Additional Income 5000 5,000.00
Sub total 77,100.00 75,400.00 62,090.00
Less: Withdrawals 12,200.00 11,500.00 11,200.00
Capital, December 31, 2014 64,900.00 63,900.00 50,890.00
note: full disclosure if ano yung ginawa sa given

5
RE = BRE+NI-DIVI
- 92,230.00

92,230.00 net income

6
STU Company
Statement of Changes in Equity
For the period ended October 30, 20x3
Capital Stock Additional Paid-in Capital Retained Earnings
Balance, Novermber 31, 20x2 1,000,000.00 179,990.00 245,600.00
Add:
Issuance of share 400,000.00 399,990.00
Net income 89,540.00
Less:
Dividends - 60,000.00
Balance, October 30,20x3 1,400,000.00 579,980.00 275,140.00
Total
1,425,590.00

799,990.00
89,540.00

- 60,000.00
2,255,120.00