a.Debit to Cash b.Debit to Common stock c.Debit to Paid in capital in excess of par d. a Credit Common Stock Preferred s
Posted: Wed Jul 06, 2022 6:10 am
a.Debit to Cash
b.Debit to Common stock
c.Debit to Paid in capital in excess of par
d. a Credit Common Stock
Preferred stock on whoch any unpaid dividends build up from year to year is called
a. Liability account
b. cumulative preferred stock
c. an asset account
d. both B and C
if a corporation only has one class of stock it is called
a. treasury stock
b. preferred stock
c. capital stock
d. any of the above
d
b.Debit to Common stock
c.Debit to Paid in capital in excess of par
d. a Credit Common Stock
Preferred stock on whoch any unpaid dividends build up from year to year is called
a. Liability account
b. cumulative preferred stock
c. an asset account
d. both B and C
if a corporation only has one class of stock it is called
a. treasury stock
b. preferred stock
c. capital stock
d. any of the above
d