Question
for problem 5-5 in regards of the Stock holder's Equity. I understand Preferred Stock to be $450,000 Common Stock to be $100,000. I don't understand
for problem 5-5 in regards of the Stock holder's Equity.
I understand Preferred Stock to be $450,000
Common Stock to be $100,000.
I don't understand the equation for Paid-in Capital in Excess of Par-Preferred Stock of $900,000
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Intermediate Accounting
Authors: Kin Lo, George Fisher
3rd Edition Vol. 1
133865940, 133865943, 978-7300071374
