Accounting

Cumulative common stock will pay dividends in arrears.

Started by MGLQZ

If a corporation has both common and preferred stock, the preferred stockholders will receive their ...

Started by kwoodring

Preferred stock may have its dividend rate listed as a percentage of par value per share or as a ...

Started by APUS57

The portion of Stockholders' Equity that can be used for dividends is referred to as legal capital.

Started by altibaby

Corporations declare cash dividends from Retained Earnings.

Started by futuristic

Paying dividends causes a decrease in total assets, but an increase in total Stockholders' Equity.

Started by Garrulous

Which of the following would affect total paid-in-capital when issuing stock?

Started by joesmith1212

Mockingjay, Inc. issued 2,000 shares of $14 par common stock in exchange for a truck with a current ...

Started by jayhills49

Piper, Inc. issued 400 shares of $9 par common stock in exchange for a piece of equipment with a ...

Started by Pineappleeh

Torres, Inc. Productions issued 40 shares of $16 par value stock to its accountant in full payment ...

Started by genevieve1028

A company issued 700 shares of $2 par common stock in exchange for a piece of equipment with a ...

Started by ssal

The entry to record selling 800 shares of stated value $37 common stock for $59 per share would be:

Started by joesmith1212

The entry to record selling 400 shares of $28 stated value common stock for $44 per share would include:

Started by kodithompson

The entry to record Sansa, Inc. selling 1,500 shares of $9 par common stock for $22 per share would be to:

Started by mmm

Aspen, Inc. issues 13,000 shares of $5 par common stock for $9.00 per share. The amount credited to ...

Started by sjones

Dragonstone Corp. issues 8,000 shares of $24 par common stock for $29 per share. The amount credited ...

Started by ts19998

Lannister, Inc. issues 5,000 shares of $40 par common stock for $43 per share. The amount credited ...

Started by Lisaclaire

If shares of preferred stock are sold at par value for cash, the transaction would be entered by:

Started by charchew

A journal entry for the sale of $10 par-common stock for $18 per share would include a:

Started by fahad

A company issues 55,000 shares of its $5 par common stock for $20 per share. The amount to be ...

Started by kfurse

A company issues 15,000 shares of its $22 par common stock for $32 per share. The amount to be ...

Started by frankwu

The initial selling price for a share of stock is called the:

Started by j.rubin

Accounting for stock at a stated value is almost identical to recording:

Started by nenivikky

The formula needed to compute "additional paid-in capital in excess of par" is:

Started by 09madisonrousseau09

The type of stock that does NOT carry paid-in capital in excess of par is called:

Started by olgavictoria