Contributed Capital 4 Sell Stock for Cash

[geniecats]

Very helpful video. Thanks for posting.

[GeneralOrhan]

Thank you so much!

[nomnomkev]

Hi! I appreciate your videos... However, for the Common Stock, shouldn't it be 5000 x 10 = $50,000

Then the Additional paid-in capital should be 75,000 so the debits and credits would balance out?



[NmA002]

What are ESOPS ? What are FII's & DII's & Arbitradgeurs ? Do FII's get dividends ? Do DII's get dividends ? What are derivatives & methods of accounting it ? .... Also amortisation accounting please ?

[paratroop8duece]

I CAUGHT THAT TOO LOL

[HernieH]

Thank you, Susan, for posting these videos. You seem like a great professor - in fact, I wish more accounting professors were like you!

[DayneofRamuh]

Your videos are good and I am using them to review for my Intermediate Readiness exam.. however, I must say that from what I have learned Paid in Capital is a little less confusing if you say "Paid in Capital in Excess of Par."

[BANerd08]

I really appreciate the video's. Accounting seems to be so easy because it's basic math. However, I am having difficulties remembering all the rules. Love your little helpful hints to help this older brain how to keep it straight.

[davidsdream]

i appreciate this videos.... thanks....

[amirs29]

thank you for posting all the videos. They help a lot. i am a student at the university of utah and your concise explanation is appreciated.

Would love to see more posts on other subjects.

[lysenkiy]

Are the numbers in number 2 correct? Don't you have to Cr. C/S (5,000x$10) 50,000, and Cr. PinC 75,000?

[SusanCrosson]

You are correct, math gods were not with me...the second entry should read:

Dr Cash 125,000

Cr Common Stock 50,000

Cr Paid in Capital 75,000

Thanks for paying attention!