Unlike other operating expenses, restructuring and management transition charges, other components of net periodic pension cost/(income), the (gain)/loss on extinguishment of debt, the proportional share of net income from the Home Office Land Joint Venture, the tax impact for the allocation of income taxes to other comprehensive income items ...

Start studying Income statement/ balance sheet. Learn vocabulary, terms, and more with flashcards, games, and other study tools. This amount is deducted to get the capital balance. The Statement of Owner's Equity example above shows that the company has $147,100 in capital as a result of the following: $100,000 balance at the beginning of the year, plus $10,000 owner's contributions during the year, plus $57,100 net income, and minus $20,000 withdrawals.