Beta Co sold 10,000 shares of common stock, which has a par value of $25, for $27 per share The company also sold 1,000 shares of $100 par value preferred stock for $110 Assume the balance in retained earnings is $100,000 Prepare the stockholders equity section of Betas balance sheet ...

Preferred stock 1000 shares 100 100000 Common ...

Beta Co. sold 10,000 shares of common stock, which has a par value of $25, for $27

Question:

Beta Co. sold 10,000 shares of common stock, which has a of $25, for $27 per share.
The company also sold 1,000 shares of $100 preferred stock for $110. Assume the balance in retained earnings is $100,000. Prepare the stockholders’ equity section of Beta’s balance sheet.

Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...