Authorized stock has not necessarily been issued. The incorporating state authorizes the corporation to issue a certain number of shares of stock. All shares of a company are authorized... not all are issued.
The difference between stock and inventory is that stock is what you have if you're selling items. Inventory includes what you have as your belongings.
debit Unissued Common Stock credit Authorized Common Stock
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The simplest answer is that 'stock' are the physical items on the shelves. A stock sheet is a list of those items.
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Authorized stock becomes liability only once it is issued which is called issued capital and authorized capital is just there as an statement to inform the maximum amount of issued share capital.
Issued Shares Authorized Shares = Issued Shares (sold to investors) + Unissued Shares Issued Shares = Outstanding Stock (held by investors) + Treasury Stock (stock bought back by company)
Contracted allotment of stock is the authorized amount of stock that company may issue for various reasons. Typically, an allotment of stock will be issued in lieu of cash when acquisitions occur.
no difference
The difference between stock and inventory is that stock is what you have if you're selling items. Inventory includes what you have as your belongings.
No difference. A unit of stock is called a share.
the difference between scion and stock is that scion is the cut stem of a plant while stock is the stem attached to the ground
debit Unissued Common Stock credit Authorized Common Stock
Issued shares(I) are shares of stock that have been sold to investors. It includes both outstanding shares(O) and Treasury shares(T). Thus, I = O+T Outstanding shares(O) are shares of stock currently owned by the shareholders.
Issued stock means you have some item for sale. you sold some quantity from that stock that's issued stock
[(# of shares authorized X par value) + additional paid in capital] / # of shares issued
The difference between that Australian stock exchange and the American stock exchange is that they are based out of two different countries: Australia and America.