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Capital amount paid for excess of par value of common stock is called "Share premium amount" which is also part of capital of business.
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What does paid in capital account represent?
par value of common and preferred stock+additional paid in capital(amount in excess of par)
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 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.
Paid-in capital in excess of par?
Par Value or Stated Value is essentially the "Face Value" or the initial offering price of a share of stock (whether for a public or privately held company). Paid-in capital is anything the company receives from stockholders for the sale of stock above and beyond the par value, i.e. in excess of Par.This excess received from stockholders over par-valueor stated-valueof the stock issued is also called contributed capital in excess of par.For example, if 1000 shares of $10 par value common stock is issued by the company at a price of $12 per share, the additional paid-in capital is $2000 (1000 shares x $2). Additional paid-in capital is NOT an asset or a liability to the company, it is shown in the stockholder-s-equitysection of the balance sheet. (Assets = Liabilities + Equity)
What is the stockolders equity based on the following account balances common stock-40000 paid-in capital in excess of par-50000 retained earnings- 175000 treasury stock- 25000?
40,000 + 50,000 + 175,000 - 25,000 = 240,000
What does paid in capital account represent?
par value of common and preferred stock+additional paid in capital(amount in excess of par)
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
How is the stockholders' equity section of a corporate balance sheet different from that in a single-owner business?
Stockholders' equity is to a corporation what owner's equity is to a sole proprietorship. Owners of a corporation are called stockholders (or shareholders), because they own (or hold) shares of the company's stock. Stock certificates are paper evidence of ownership in a corporation. For sole proprietorship stocks usually are not issued. Examples of stockholders' equity accounts include: - Common Stock - Preferred Stock - Paid-in Capital in Excess of Par Value - Paid-in Capital from Treasury Stock - Retained Earnings - Etc. Both owner's equity and stockholders' equity accounts will normally have CREDIT balances. How stockholders' equity is reflected in the balance sheet? The stockholders' equity section of a corporation's balance sheet is: - Paid-in Capital - Retained Earnings - Treasury Stock The stockholders' equity section of a corporation's balance sheet is: STOCKHOLDERS' EQUITY Paid-in Capital ..Preferred Stock ..Common Stock ..Paid-in Capital in Excess of Par Value - Preferred Stock ..Paid-in Capital in Excess of Par Value - Common Stock ..Paid-in Capital from Treasury Stock Retained Earnings Less: Treasury Stock ..TOTAL STOCKHOLDERS' EQUITY
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.
Paid-in capital in excess of par?
Par Value or Stated Value is essentially the "Face Value" or the initial offering price of a share of stock (whether for a public or privately held company). Paid-in capital is anything the company receives from stockholders for the sale of stock above and beyond the par value, i.e. in excess of Par.This excess received from stockholders over par-valueor stated-valueof the stock issued is also called contributed capital in excess of par.For example, if 1000 shares of $10 par value common stock is issued by the company at a price of $12 per share, the additional paid-in capital is $2000 (1000 shares x $2). Additional paid-in capital is NOT an asset or a liability to the company, it is shown in the stockholder-s-equitysection of the balance sheet. (Assets = Liabilities + Equity)
What is the stockolders equity based on the following account balances common stock-40000 paid-in capital in excess of par-50000 retained earnings- 175000 treasury stock- 25000?
40,000 + 50,000 + 175,000 - 25,000 = 240,000
What type of account is paid in capital in excess of par?
Paid in capital in excess of par is called "Share premium account"
What type of account is paid-in capital in excess of par?
additional paid in capital
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 the journal entry for selling 3000 shares of 1 par common stock at 49 per share?
Cash Common Stock Paid in Capital
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.
Definition of paid up capital stock?
Paid up capital stock is that share capital for which investors or shareholders has made full payment to acquire them.
