Zinc Co.'s adjusted trial balance at December 31, 20x1, includes the following account balances: Ordinary shares, ₱3 par                                                      ₱600,000 Share premium                                                                    800,000 Treasury stock, at cost                                                             50,000 Accumulated other comprehensive income (Debit)                20,000 Retained earnings appropriated for uninsured earthquake losses  150,000 Retained earnings - unappropriated                                     200,000   What amount should Zinc report as total stockholders' equity in its December 31, 20x1, balance sheet? a.1,680,000 b. 1,720,000 c. 1,780,000      d. 1,820,000

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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.