What account is used to record the premium when issuing, Finance Basics

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What account is used to record the premium when issuing

Question: 1. How does preferred stock differ from common stock?

2. What is par value?

3. What are the two basic sources of stockholders' equity? Describe each source.

4. What account is used to record the premium when issuing common stock? What type of account is this?

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Finance Basics: What account is used to record the premium when issuing

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Finance Basics: What account is used to record the premium when issuing

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