ACCT 201 Study Guide - Final Guide: Earnings Before Interest And Taxes, Dental Insurance, 2 On

210 views16 pages
17 Sep 2018
School
Department
Course
Professor

Document Summary

Chapter 10 stockholder"s equity: components of stockholder"s equity, treasury stock our own stock bought back from the marketplace. Assets = liabilities + common stock + revenue expense dividends. Paid-in capital: review i. e. we sell a share for , par value = money ($) on certificate. Represents capital to be kept in business as final liquidating amount. 10 i. e. sell par share for . Since the stock is worth , but the company sells it for more, the difference between what the stock was sold and what the par. 2 value is will be the additional paid-in capital . Stated value (by board committee of a company) Treat stated value like par: types of stock. Example question for the bucket example: the corporate charter of. Gigantic corporation allows the issuance of a maximum of 2,500 shares of par common stock. It later acquired 20 of these shares as treasure stock.