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Question 87 MarigoldOrganics Corporation began business in 2021 by issuing 30500 shares of $3 par common stock for 57 per share and 13000 shares of
Question 87 MarigoldOrganics Corporation began business in 2021 by issuing 30500 shares of $3 par common stock for 57 per share and 13000 shares of 6%, $10 par preferred stock for par. At year end, the common stock had a market value of $12.On its December 31, 2021 balance sheet, Marigold Packaging would report Common Stock of $366000, Common stock of 5213500, Paid-In Capital of $366000 Common Stock of 501.500
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