fishca
Nov 24, 2009, 01:31 PM
If a corporation is authorized to issue 10,000 shares of $100 par, preferred 9% stock and 500,000 shares of $5 par common stock, I need help with the following
Preparing the statement of stockholders equity
If during the period the corp issued 500 shares of 9% preferred stock at par and 25,000 shares of common stock at $9 what is the beginning balance of preferred stock and common stock?
Preparing the statement of stockholders equity
If during the period the corp issued 500 shares of 9% preferred stock at par and 25,000 shares of common stock at $9 what is the beginning balance of preferred stock and common stock?