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Who share the road with an impaired driver are at risk.?
who share the road with an impaired driver are at risk
Shares issued for cash increase assets?
Yes share issue increase current assets as we received cash against share issuance and the general entry is: [Debit] Cash xxxxx [Credit] Share Capital xxxx
What is the share premium?
When shares are issued at price which is more than face value then issuance of shares is called issued at premium and that excess amount above face value is called share premium.
Is share is a asset or liability?
Share is a liability for business because due to issuance of shares company acquire more cash to run it's business and that amount is refundable by business to it's owners.
How you treat decrease in share premium in cash flow statement?
Decrease in share premium account is shown under 'Cash flow from financing' activities as this is related with issuance and buy back of shares
My corporation issue 2000 shares of no-par common stock at a cash price of 9.00 per share how do you journalize the issuance of the share?
Debit "Cash" for $18,000 and credit "Equity - Common Stock" for $18,000.
What is the opposite of issuance?
In law we say 'non-issuance'
Does a stock or bond represent more risk to the company?
A share is more of a risk than a bond.
Who shares the road with impaired drivers are at risk?
who share the road with an impaired driver are at risk
What is two or more people share the risk and the profits?
Partnership
What are the disadvantages of share capital?
Disadvantage of share capital is that it increases the risk of default which causes the increase in cost of capital.
What is the journal entry for a stock issue?
Issuing Par Value Common Stock for Cash (assume par value is $1) dr. Cash $1.00 cr. Common Stock $1.00 to record issuance of 1 share of $1 par common stock if sold for more than par value (Assuming $5) dr. Cash $5 cr. Common Stock $1 Paid-in Capital in excess of par $4 to record issuance of 1 share of common stock in excess of par.
