Perfered stock is the most type of stock and must be issued by every corporation.
举一反三
- A stock is a type of security that signifies ownership in a corporation.
- A corporation issued 6,000 shares of its $1 par value ordinary stock in exchange for land that has a market value of $84,000. The entry to record this transaction would include: A: A debit to Ordinary Stock for $6,000. B: A debit to Land for $6,000. C: A credit to Land for $84,000. D: A credit to Share Premium, Ordinary Stock for $78,000.
- Company A received cash and issued stock to a new stockholder. In recording this transaction:
- 中国大学MOOC: Cumulative preferred stock requires a corporation to pay all current and missed preferred dividends before paying any common stock dividends.
- Capital stock is the general term referring to a corporation’s ____________ used inobtaining its capital.