Alma Corp. issues 1,000 shares of $10 par common stock at $14 per share. When the transaction is recorded, credits are made to a.Common Stock, $14,000 b.Common Stock, $4,000, and Paid-In Capital in Excess of Stated Value, $10,000 c.Common Stock, $10,000, and Retained Earnings, $4,000 d.Common Stock, $10,000, and Paid-In Capital in Excess of Par—Common Stock, $4,000

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Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.