Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

Exercise 60

At the beginning of the year, Sunstone, Inc., has total stockholders' equity of $1,200,000 and 20,000 outstanding shares of a single class of capital stock.uring the year, the corporation completes the following transactions affecting its stockholders' equity accounts:

Instructions
Compute the amount of total stockholders' equity, the number of shares of capital stock outstanding, and the book value per share following each successive transaction.rganize your solution as a three-column schedule with these separate column headings: (1) "Total Stockholders' Equity," (2) "Number of Shares Outstanding," and (3) "Book Value per Share."