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Re: imahustler post# 70085

Tuesday, 03/13/2007 2:48:02 PM

Tuesday, March 13, 2007 2:48:02 PM

Post# of 82842
iamhustler: Here is how stockholders' equity ought to be reported.

Contributed Capital
Contributed capital includes the amounts that are transferred from stockholders to the company.
Preferred stock (par value x number of preferred shares issued)
Common stock (par value x number of common shares issued)
Additional paid in capital, preferred stock ( [issue price - par value] x number of preferred shares issued )
Additional paid in capital, common stock ( [issue price - par value] x number of common shares issued )
Additional paid in capital is also called as "Paid-in capital in excess of par value".

Retained Earnings
Retained earnings represent the amount of the company's past net income retained inside the company (not paid as dividend to stockholders.)

9 CKYS buys from October 13, 2006 to December 13, 2006. Still bagholding!

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