What do you mean by stock, Accounting Basics

Assignment Help:

Q. What do you mean by Stock?

Stock -- a certificate (or electronic or other record) which indicates ownership of a portion of acorporation; a share of stock. Preferred stock promises its owner a dividend which is generally fixed in amount or percent. Preferred shareholders get paid first out of any profits. They havepreference. Common stock has no preference and no fixed rate of return. Treasury stock wasinitially issued to shareholders though has been subsequently acquired by the corporation. Authorized by unissued stock is stock which official corporate action has authorized though hasn't sold or issued. (Stock also means stock of goods, the stock on hand and inventory ofa company.)


Related Discussions:- What do you mean by stock

Starting , Define Accounting. Briefly explain the accounting concept which...

Define Accounting. Briefly explain the accounting concept which guide the accounting at the recording stage?

An invoice for product x totals $1, An invoice for product X totals $1,200 ...

An invoice for product X totals $1,200 and is dated July 6, 2000 with terms 2/10-60X. If the invoice is paid on September 3, 2000, what is the net amount of payment? A. $912

Explain about lower-of-cost-or-market method, Q. Explain about lower-of-cos...

Q. Explain about lower-of-cost-or-market method? The lower-of-cost-or-market (LCM) method is the inventory costing method that values inventory at the lower of its historical c

What is the gross income from the distribution?, Zack is a farmer who buys ...

Zack is a farmer who buys his feed and fertilizer from a farmer cooperative. In 2012, Zack purchased $300,000 in feed and fertilizer for the farm and $10,000 of household goods. Be

Benefits of purchases discounts, Benefits of Purchases Discounts Purch...

Benefits of Purchases Discounts Purchases Discounts account is used to record discounts given for prompt payment. To prove ACCOUNTS PAYABLE LEDGER , you will look at bala

Example of periodic inventory procedure, Q. Example of Periodic inventory p...

Q. Example of Periodic inventory procedure? Periodic inventory procedure Merchandising companies selling small unit value merchandise such like nuts and bolts Christmas cards n

A vendor reduces an item listed at $140 on july 1st by 20%, A vendor reduce...

A vendor reduces an item listed at $140 on July 1st by 20%, and then reduces it another 25% on September 1st. What is the sale price of the good after the last reduction? A. $7

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd