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Sagot :
Sunland company had these transactions during the current period. To paid in capital in excess of par-common stock $231000, Treasury stock a/c.Dr$7700.
To common stock $84000(84000*1), Cash a/c..Dr$452000(4000*113), To preferred stock $420,000(4000*105)
Musical Company features music and lyrics by Stephen Sondheim with a story by George Furth. A record-breaking 14 Tony Awards were nominated for and six were given to the original 1970 staging. Company was written in a non-chronological, linear fashion. A stock is a type of asset that signifies the holder has a certain percentage of ownership in the issuing company. Stocks are typically traded on stock exchanges. Companies sell stock to raise money to run their operations. Common and preferred stocks are the two main categories of stock. The total value of all of a stock's shares, or market capitalization, is another way that stocks are classed. Large-cap stocks are those of the largest corporations, while mid-cap and small-cap stocks are those of gradually smaller companies.
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