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A firm has 1000000 in its common stock account and 2500000 in its paid-in capital account The firm issued 100000 shares of common stock What was the original issue price if only one stock iss?
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∙ 14y ago
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Wiki User
∙ 14y ago
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What type of account is capital?
Personal account
How could one open a money market deposit account with Capital One?
One can open a money market account with Capital One by visiting the Capital One website. On the website one should follow the "Opening an Account" link.
What is Capital One bank account number?
icici
What side does capital go on a t account?
Owner's equity capital goes on the right side of the T account. Usually, the corresponding entry is to cash which goes on the left side.
Can you get a Capital One credit card if you have an account with Citi?
Yes.
What is the journal entry for issuing 1000000 shares of 1 par common stock in exchange for legal services?
[Debit] Legal Services expenses 1000000 [Credit] Share capital account 1000000
What will be the working capital for an investment of 2500000 rs?
An investment is a topic that is important that is going to involve knowledgeable aid about
Why is a capital account has credit balance?
The normal balance in a capital account is a credit. Capital is a balance sheet account. Assets = Liabilities + Capital
Is capital account is personal account or real account?
Capital account as well as Drawings account are Personal accounts !!!
What was Washington's original capital?
Washington's original capital is its current capital which is Olympia.
What is the journal entry to interest on capital?
[Debit] Interest on capital account xxxx [credit] Capital account xxxx
Is capital account is real account or nominal account?
Real Account
What type of account is capital?
Personal account
Are withdrawals deducted from net income?
Withdrawal are charged to drawing account and drawing account is contra account of capital account so withdrawal are deducted from capital account.
What is difference between current account and capital account?
Current account shows current year current year transactions and capital account shows both current transactions relating to businessman and initial capital of businessman.According to FEMA Act 2000, "There is no restrictions on holding or exchanging of foreign currency under Current Account . But Any foreign currency is under capital account , then it must be controlled under the regulations of RBI."In partnership , partners can make current account separately from capital account in which they can show only their salary, interest on capital and interest on drawing etc. and in capital account, they can show only their capital invested in the business of partnership.USA has divided export and import transactions into 2 accounts: One is the current account and other is the capital account. The current account includes in international trade in goods and services and with earnings on investments. The capital account includes of capital transfers and the acquisition and disposal of non-produced, non-financial assets.In general Current account is used for receipt and payment cash and non capital items and capital account is used for sources and utilization of capital.
What is the original name of our capital?
The original name of our capital was Nacoth, later changed to Vayek.
What is the relationship between capital account balance and current account balance?
The balance of payments, then, is the sum of the balance on current account and the balance on capital and financial account. It is important to understand that the deficit indicated by the current account is financed through activities recorded on the capital and financial account. The deficit on the current account must be exactly offset by the surplus on the capital and financial account (if it is not, net errors and omissions will correct it). This means then that the sum of the current account and the capital and financial account is equal to zero.
