Can you help me to record journal entries for both of these events? On July 6, Nikosha's Corporation issued 1500 shares of no-par common stock at a cash price of $2 shares. On July 10, Nikosha's Mountain Inc issues 2500 shares of no-par common stock at a cash price of $4 shares.

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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.