Prepare entries to record the following: a.  Issued 1,000 shares of $10 par common stock at $56. If an amount box does not require an entry, leave it blank.     fill in the blank 521a3d0cc058fad_2 fill in the blank 521a3d0cc058fad_3     fill in the blank 521a3d0cc058fad_5 fill in the blank 521a3d0cc058fad_6     fill in the blank 521a3d0cc058fad_8 fill in the blank 521a3d0cc058fad_9 b.  Issued 1,400 shares of $10 par common stock in exchange for equipment with a fair market price of $21,000. If an amount box does not require an entry, leave it blank.     fill in the blank 3d721bfa9030007_2 fill in the blank 3d721bfa9030007_3     fill in the blank 3d721bfa9030007_5 fill in the blank 3d721bfa9030007_6     fill in the blank 3d721bfa9030007_8 fill in the blank 3d721bfa9030007_9 c.  Purchased 100 shares of treasury stock at $25. If an amount box does not require an entry, leave it blank.     fill in the blank b4d176082050040_2 fill in the blank b4d176082050040_3     fill in the blank b4d176082050040_5 fill in the blank b4d176082050040_6 d.  Sold the 100 shares of treasury stock purchased in (c) at $30. If an amount box does not require an entry, leave it blank.     fill in the blank 43f92a07dfabf9e_2 fill in the blank 43f92a07dfabf9e_3     fill in the blank 43f92a07dfabf9e_5 fill in the blank 43f92a07dfabf9e_6     fill in the blank 43f92a07dfabf9e_8 fill in the blank 43f92a07dfabf9e_9

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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.