Fundamental question on accounting for corporations

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Reference no: EM1315028

Fundamental question on accounting for corporations.

Boswell Corporation has the following stockholders' equity accounts:

Preferred Stock
Paid-in Capital in Excess of Par Value-Preferred Stock
Common Stock
Paid-in Capital in Excess of Stated Value-Common Stock
Paid-in Capital from Treasury Stock-Common
Retained Earnings
Treasury Stock-Common

Instructions
Classify each account using the following tabular alignment.

		Paid in capital	Retained
		Capital Stock	Additional	Earnings	Others
1	Preferred Stock
2	Paid in capital in excess of par value-
	Preferred Stock
3	Common Stock
4	Paid in capital in excess of par value-
	Common Stock
5	paid in capital from
	treasury stock- Common
6	Retained Earnings
7	Treasury Stock- Common

Reference no: EM1315028

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