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how many shares of common stock have been sold? how many shares are outstanding? why ard they different? how many shared of treasury stock does
how many shares of common stock have been sold? how many shares are outstanding? why ard they different?
Answer: Balance Sheet as on 31st May,2020 Particulars Preferred Stock 5% 4Par (8,000 Authorized and 6,000 Issued) Excess pf Price over par value (Issue Price - Par Value) Paid - In Capital - Preferred Common Share, 2 Par (2,00,000 Authorized and 1,25,000 Issued) Excess of Price Over Par value (Issue Price - Par Value) Paid - In Capital - Common Total Paid In capital Retained Earnings Treasury Stock (8.000 at 2 Per Share) Total Stock holder's Equity Remarks Amount 4 x 6,000 S 24,000 14.4=10 10 x 6,000 = 60,000 2 x 1,25,000 S 2,50,000 12-10-10 10 x 1,25,000 - 12.50,000 12,50,000 + 60,000 S 13,10,000 S 2.50,000 8,000 x 2-S -16.000 S 18,18,000 Please Give a Positive Rating how many shared of treasury stock does the corporation have? what does this represent? how does it affect stockholders equity?
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