X what is stockholders equity - Bin X+ ckboard Learn tom/webapps/ubsh-Iti-integration-BBLEARN//app/content/launchHandler?course id-132178 18content uS Powered by Bb eCampusS ePortfolios Community Content Collection ts HW Assignment 3 Menu Analysis of the lmpact of Adjustments on Financial Statements At the end of the first month of operations, the Bradley Company's accountant prepared financial statements that showed the following amounts: Assets Liabilities Stockholders' Equity Net Income $60,000 20,000 40,000 9,000 In preparing the statements, the accountant overlooked the following items: $850 a. Depreciation for the month b. Service revenue earned but unbilled at month-end. 1,500 c. Employee wages earned but unpaid at month-end. 375 Determine the correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month. Assets Liabilities Stockholders' Equity Net Income

Definition Definition Assets available to stockholders after a company's liabilities are paid off. Stockholders’ equity is also sometimes referred to as owner's equity. A stockholders’ equity or book value generally includes common stock, preferred stock, and retained earnings and is an indicator of a company's financial strength.