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Oriole Corporation began business in 2020 by issuing 48000 shares of $5 par common stock for $6 per share and 4800 shares of 5% $10
Oriole Corporation began business in 2020 by issuing 48000 shares of $5 par common stock for $6 per share and 4800 shares of 5% $10 par preferred stock for par. At year end, the common stock had a marketValue of $10. On its December 31, 2020 balance sheet, Oriole would report Common Stock of $288000. Common Stock of $480000 Paid-in Capital of 5264000. Common Stock of $240000
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