Se 3. On December 2, Coley Corp acouired U00 shares of ts $2 par value common stock for $21 each On December 20, Coley Corp resod 700 shares for $12 each Which of the following is corect regarding the joumal entry for the resol sher Mutioe Choce Cre Adtona Paid-in Captal S000 Debt Cah SJ00 Credt Treasury Stock SA00 Credt Treasury Stck S00

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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.