Get expert advice and community support on IDNLearn.com. Get comprehensive answers to all your questions from our network of experienced experts.
Sagot :
Debit paid in capital in excess of par $900. Debit common stock $100
Credit paid in capital- shares repurchase $400. Shares are fractional ownership interests in a corporation.
For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends. A stock with no dividend payments does not distribute its income to its shareholders. Instead, they look forward to further stock price growth as business profits rise. Shares are an organization's equity capital, and there are two primary kinds of shares: common shares and preferred shares. As a result, the terms "shares" and "stock" are frequently used synonymously. Investors that trade funds for these units to reflect equity ownership in a company or financial asset are the owners of shares.
learn more about shares here:
https://brainly.com/question/13931207
#SPJ4
We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Your search for answers ends at IDNLearn.com. Thank you for visiting, and we hope to assist you again soon.
