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Is subscribed capital stock added or deducted on capital stock?
Wiki User
∙ 10y ago
The subscribed capital stock account is only issued when fully paid. The initial entry will require a debit to cash and subcription receivable account with a corresponding credit to 'Subcribed Capital Stock' and APIC (add'l paid in capital) if issued above par. Now, when it is presented in the financial statements, the subcribed capital stock will be added to the common stock issued and fully paid. However, the account will also be reduced by the subscription receivable balance.
Take note:
When the subscription receivable is expected to be paid in the current period, it will presented under trade and other receivables, as a part of current assets.
Wiki User
∙ 10y ago
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What is a delinquent stock?
stock subscribed but not paid
How is common stock dividends distributable classified?
Common stock dividends distributable is an equity account and it has a normal credit balance. It is added to capital stock on the balance sheet.
Is capital stock the same as common stock?
Yes
What is the riskiest capital market security preferred stock or common stock?
Sex
Total amount of contributed capital?
This is what I found on internet. Payments made in cash or property to a corporation by its stockholders either to buy capital stock, to pay an assessment on the capital stock, or as a gift. Also called paid-in capital. The contributed or paid-in capital of a corporation is made up of capital stock and capital (or contributed) surplus, which is contributed (or paid-in) capital in excess of http://www.answers.com/topic/par value or http://www.answers.com/topic/stated-value. Donated capital and http://www.answers.com/topic/donated-surplus are freely given forms of contributed (paid-in) capital, but http://www.answers.com/topic/donated-stock refers to fully paid (previously issued) capital stock that is given as a gift to the issuing corporation.
What is subscribed capital stock?
Subscribed share capital stock is that capital for which investors actually paid money or subscribed while unsubscribed capital is that part of issued capital for which nobody subscribed or nobody purchased stocks.
What would be the entry on subscribed capital stock?
Generally in the format of: Cash (cash paid up front) Common Stock Subscribed Receivable (remaining amount due) Common Stock Subscribed (Temporary 'Legal Capital' Account) Additional Paid In Capital - Common When fully paid, post: Cash (cash paid) Common Stock Subscribed Receivable Common Stock Subscribed Common Stock
What is the minimum subscribed capital stock?
25%
What is a delinquent stock?
stock subscribed but not paid
How does the issuing of capital stock effect net income?
Somebody please correct me if I am wrong, but issuing capital stock increases total assets. If one considers total assets when calculating net income, any capital stock or additional paid in capital must be deducted from total assets in order to find net income. Issuance of stock does not contribute to income from operations; it is a financing activity that contributes to total equity. Also, if there are dividend payments for the year, these outflows must be added to assets before arriving at net income.
Can pay dividends even there is an unpaid subscribed capital stock?
cash dividends due on delinquent stock shall first be applied to the unpaid balance on the subscription, plus costs and expenses. stock dividends shall be withheld from the delinquent stockholder until his unpaid subscription is fully paid.
How is common stock dividends distributable classified?
Common stock dividends distributable is an equity account and it has a normal credit balance. It is added to capital stock on the balance sheet.
Does additional stock increase retained earnings?
Retained earning only increased due to prior year operating profits and that's why it has no effect of any kind of additional capital introduced which directly increase the subscribed or paid up capital and not retained earnings.
Is treasury stock the same as capital stock?
Treasury stock is contra of capital stock used by company to purchase own capital stock to reduce the paid in capital.
Is haircut percentage deduct from stock value while selling it?
Yes, it is deducted.
Is Capital stock asset or liability?
Capital stock is part of liability
What are taxes that are imposed on the total assessed value of the shares of stock in a business called?
Capital Stock (A+)
