Contributed Capital 4 Sell Stock for Cash
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Uploader Comments (SusanCrosson)
Top Comments
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Thank you, Susan, for posting these videos. You seem like a great professor - in fact, I wish more accounting professors were like you!
2 years ago 2
All Comments (11)
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Very helpful video. Thanks for posting.
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Thank you so much!
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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?
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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 ?
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I CAUGHT THAT TOO LOL
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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."
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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.
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i appreciate this videos.... thanks....
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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.
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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?
lysenkiy 4 years ago
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!
SusanCrosson 4 years ago 5