WebbPar value per share How much will be recorded as a firm's additional paid-in capital if the firm issues 1 million shares that have a $5 par value for $15 per share.? 10 million … WebbQuestion: The par value of a share of common stock A. must be recorded in the Journal entry B. is stated in the charter C. changes every time stock is sold D. is determined by the stock market The par value of a share of common stock A. must be recorded in the Journal entry B. is stated in the charter C. changes every time stock is sold
Solved The par value of a share of common stock A. must be - Chegg
WebbThe average market value of a stock for the year to date It is a legal concept not related to the market value of a stock The amount that would be paid if a stock was purchased by the issuing company The current market value of a stock Show transcribed image text Expert Answer It is a legal concept not related to the market value of a st … Webb10 nov. 2024 · Par value is best considered as the legal capital of common stock and is a part of a company's contributed capital. For example, imagine that your company issues a common stock share for $25, and the par value of the stock is $0.10. You would credit your Common Stock account for $0.10 and your contributed capital account for $24.90. autofit leverkusen
ACTG 6100 exam 2_chapter 11 Flashcards Quizlet
WebbQuizlet, the global learning platform known for its engaging AI-powered study tools, today announced a Series C funding round of $30 million, led by General Atlantic, a leading global growth equity firm. WebbBigTex Industries, Inc. has 5,000 shares of common stock, a par value of $2, and 1,000 shares of 6%, a $50 par value, cumulative preferred stock. Two years of dividends are ... Prepare the journal entry to record the transaction. On April 1, GT Co. issues no-par value common stock for $50,000 cash. View Answer. Prepare the journal entry to ... Webb19 okt. 2024 · Suppose, for example, the board of directors of the US company assigns a minimum value of $15 to each share of common stock, the two journal entries discussed above will be recorded as follows: (1). If the stock is carried in the accounts at issue price: (2). If the stock is carried at stated value assigned by the company: gazzetta gr panathinaikos