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Sheridan Packaging Corporation began business in 2025 by issuing 58000 shares of $5 par common stock for $8 per share and 5800 shares of 6%,$10
Sheridan Packaging Corporation began business in 2025 by issuing 58000 shares of $5 par common stock for $8 per share and 5800 shares of 6%,$10 par preferred stock for par. At year-end, the common stock had a market value of $10. On its December 31,2025 balance sheet, Sheridan Packaging would report Common Stock of $464000. Paid-in Capital of $382800. Common Stock of $290000. Common Stock of $580000
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