Entries for investment in stock, receipt of dividends, and sale of sharesThe following equity investment transactions were completed byRomero Company during a recent year: Apr. 10. Purchased 5,000 shares of Dixon Company for a price of $25 pershare plus a brokerage commission of $75.July 8. Received a quarterly dividend of $0.60 per share on the Dixon Company investment.Sept 10. Sold 2,000 shares for a price of $22 per share less a brokeragecommission of $120. Journalize the entries for these transactions.

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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.