Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
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
We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.
