Earned Capital and Contributed Capital are other names for Retained Earnings and Paid-in Capital. When a company
Fantastic news! We've Found the answer you've been seeking!
Question:
Earned Capital and Contributed Capital are other names for Retained Earnings and Paid-in Capital. When a company issues common stock they credit the par value (if any) and the paid-in capital account. Discuss the reason why transactions in the daily stock markets (NYSE, etc.) do not affect these two accounts.
If a company buys back its own stock how are these accounts affected? Please provide details and examples in your discussion.
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date: