Using the following information, prepare the Stockholders’ equity section of the balance sheet. 70,000 shares of common stock are authorized and 7,000 shares have been reacquired. Common Stock, $75 par  $4,725,000 Paid-In Capital in Excess of Par. 679,000 Paid-In Capital from Sale of Treasury Stock 25,200 Retained Earnings 2,032,800 Treasury Stock.  600,00

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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.