Entity A's total shareholders' equity was P900,000 before recording the following share transactions: Received cash subscriptions for 10,000 shares with par value of Pl at PI4 per share. Share issuance costs amounted to P2.000. Received subscriptions for 20,000 shares at P20 per share. Twenty-five percent down payment was collected on subscription date. Collected the remaining unpaid subscription price of 15.000 out of the 20,000 subscribed shares and issued the related share certificates. Share issuance costs amounted to P3,000

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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.