A company was formed on 1 March 2018 with an authorized capital of OMR 5 million divided into common stock of OMR1 each. The company came up with an Initial Public Offer IPO by issuing 3 million equity shares at OMR 1 each. The amount of Bank account to be shown on the balance sheet at the end of the year 31st December 2018 assuming that IPO is under subscribed by the public was 2,700,000 shares as on 31st December 2018. a. OMR2,700,000 b. OMR300,000 c. The IPO should be cancelled as per Oman Commercial Companies Law d. OMR3,000,000

Q: plz solve???

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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.