The total owners' equity is usually under a number of subcaptions on the corporations balance sheet.

a. List the major subdivision of the stockholders' equity section of a corporate balance sheet and describe briefly the nature of the amounts that will appear in each section.

b. Explain fully the reasons for subdividing the amount of stockholders equity, including legal. accounting, and other considerations.

c. Describe three kinds of transactions that will result in paid-in or permanent capital in excess of legal or stated capital.