Credit balance (it's an equity account - and should normally have a credit balance, if it doesn't you have issues that need to be resolved, pronto) - should be the par value times he number of shares... andt here can be shares issued with different par values, keep that in mind.
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 the opening balances of accumulated depreciation in a balance sheet
10
yep.
For my opinion Earning par share refer to a full dividend after expenses. But if we have prefered stock we need to seperate prefered stock dividends and take its balance for common stock dividends by:Earning per share = Balance after prefered stock dividends / Number of shareOne more Dividends per share refer to balance for common stcok after we seperate balance after prefered stock dividends to both side, common stockdividends and retained earning.Dividends per share = Common stock dividends / Number of shareis that right? if another have any ideas please let me know.Thanks.!
Yes, credits increases the common stock because common stock has credit as a normal balance of account.
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.
Common Stock normally has a Credit Balance.
Yes capital stock has credit balance as a normal balance so increase is also has credit balance.
Common stock has a credit normal balance so with debit it reduces while with credit it increases.
Common stock is a liability account in nature and it is the amount which is payable by business back to it's owners that's why it is shown in balance sheet and not in income statement.
Equity Account When shares have no par value, the entire amount of the sale price is recorded in the common stock account. This account is classified as an equity account, and so appears near the bottom of a reporting entity's balance sheet
Stock is an asset so it should always be a debit balance.
Debit the liability (debt) account and credit Common Stock (for the par value of the shares) and Additional Paid in Capital (for the balance).
Common stock is a portion of capital of company and capital has a credit balance that's why common stock also has a credit balance and shown under owner's equity portion under liability side of balance sheet
Treasury Stock is shown in the Equity section of the Balance Sheet as a contra-account.
Treasury stock is contra account for share capital account so as share capital has credit balance treasury stock has debit balance and shown as an asset under balance sheet.