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    flinchy4life's Avatar
    flinchy4life Posts: 4, Reputation: 1
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    #1

    Sep 7, 2009, 10:21 PM
    Statement of owners equity
    What do I do when I have a net income that is a loss in the statement of owners equity, I am to add or subtract it from capital at beginning.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 8, 2009, 01:33 PM

    Subtract it. A loss reduces equity.
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