What is difference between common stock and preferred stock

Assignment Help Accounting Basics

Reference no: EM132802478

Question 1: Define the term "liabilities". Be sure to include the three crucial factors/characteristics of liabilities.

Question 2: What is capital stock, and on which financial statement would you find information about it?

Question 3: What is the difference between common stock and preferred stock?

Question 4: What is the difference between "authorized stock" and "issued and outstanding stock?"

Question 5: What is the difference between par value stock and nonpar value stock?

Question 6: What is meant when stock is issued at par? At a Premium? And at a Discount?

Question 7: What is the difference between a stock dividend and a stock split?

Question 8: What is the difference between cumulative preferred stocks and noncumulative preferred stocks?

Question 9: What is a cash dividend?

Question 10: What are the Journal entries for declaring and subsequently paying a dividend?

Reference no: EM132802478

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