FINANCIAL STATEMENTS AND THEIR INTERRELATIONSHIPS
{"Image DocumentName": "FINANCIAL STATEMENTS AND THEIR INTERRELATIONSHIPS", "Image ImageDescription": "SOFTBYTE, INC. Owner\u2019s Equity Statement. For the Month Ended September 30, Retained earnings, September 1,   -0- Add: Investments.   15,000. Net income. 2, , ,750. Less: Drawings. 1,300. Retained earnings, September 30,  16,450. Net income of  2,750 carried forward from the income statement to the owner\u2019s equity statement. The owner\u2019s capital of  16,450 at the end of the reporting period is shown as the final total of the owner\u2019s equity column of the Summary of Transactions (Illustration 1-8).", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}