Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
Sagot :
Moretown, Inc. had the following transactions in 2017, its first year of operations at the end of 2017 $880,000 would be the total stockholder's equity.
Total Stock holder's equity = (35,000*$23) + $75,000
Total Stock holder's equity = $805,000 + $75,000 = $880,000
Equity held by stockholders refers to the sum that a company's founders have contributed to the enterprise. This includes both the money they have directly invested and all of the earnings the company has made and reinvested since it was founded.
Equity is distinct from shareholders' equity. While the term "equity" usually refers to a public company's ownership, "shareholders' equity" refers to the difference between a company's total assets and total liabilities as shown on its balance sheet.
To learn more about stockholder's equity
https://brainly.com/question/13278063
#SPJ4
Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.