What are the stockholders’ equity accounts used in corporations and What are the events associated with...

What are the stockholders’ equity accounts used in corporations and What are the events associated with periodic payment notes?

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What are the stockholders’ equity accounts used in corporations?

Common stock- It is the primary stock. It has voting rights. It can be of different classes depending upon the voting rights.

Preferred stock- It is the preference stock. It may have voting rights depending upon the issue terms. It always gets dividends first. At the time of dissolution they have preferred rights of payment over Common stock.

Treasury stock- It is stock repurchased by the company. It is a contra equity account.

What are the events associated with periodic payment notes?

Periodic payment notes means notes borrowed by the company in lump sum but paid in installments. The events are borrowing by the company, accrual of payments, payment of installments and at last final payment at the end of term.

ekkarill92 answered 2 years ago

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