Question
Asked Nov 16, 2019
33 views

Paid-in-capital

What types of paid-in-capital are there and what is the diffference in each ownership: Proprietorship, Partnership, and Corporation.

Additional what does paid-in-captial mean and reflect?

check_circle

Expert Answer

Step 1

Capital:

Capital is the amount invested in the business. Capital increases by the amount of  profits earned and by the additional capital and it decreases by the amount of losses incurred and the amount withdrawn.

Step 2

Some of the types of paid-in capital are given below:

  • Issuance of common stock
  • Issuance of preferred stock
  • Bon...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in

Business

Accounting

Related Accounting Q&A

Find answers to questions asked by student like you
Show more Q&A
add
question_answer

Q: Browning Company's sales budget shows the following expected total sales: Month Sales $17,000 Januar...

A: Calculation of cash inflows in April:

question_answer

Q: Leonard had credit sales of $1,200,000, a balance in accounts receivable of $250,000 and an allowanc...

A: Bad debt expenses are the expenses written off to account for the uncollectible debtors. Allowance f...

question_answer

Q: Flint Company exchanged equipment used in its manufacturing operations plus $3,360 in cash for simil...

A: Click to see the answer

question_answer

Q: Nathan's Grills, Inc., imports and sells premium-quality gas grills. The company had the following l...

A: "LIFO" stands for last-in, first-out, meaning that the recently purchased inventory items are record...

question_answer

Q: Analyze Star Stream's cost-vol ume-profit relationships Star Stream is a subscription-based video st...

A: (a) The break-even number of subscribers is 37,500,000.

question_answer

Q: Required information The Foundational 15 [LO4-1, LO4-2, LO4-3, L04-4, LO4-5] [The following informat...

A: 1. First the Finished goods transferred out needs to be determined by adding opening units and addit...

question_answer

Q: On 1 July 2017, Guinness Ltd acquired two assets within the same class of plant andequipment for cas...

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms. Th...

question_answer

Q: Direct Materials Variances Bellingham Company produces a product that requires 9 standard pounds per...

A: Variance is referred as the difference. In calculating price variance, a difference in the standard ...

question_answer

Q: The investments of Charger Inc. include a single investment: 18,440 shares of Raiders Inc. common st...

A: Journalizing includes the day-to day recording of each monetary transactions of a business in the bo...