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Accounting

Presented below is information related to Edis Corporation:

Common Stock, $1 par
$4,300,000

Paid -in Capital in Excess of Par - Common Stock
$550,000

Preferred 8 1/2% Stock, $50 par
$2,000,000

Paid-in Capital in Excess of Par - Preferred Stock
$400,000

Retained Earnings
$1,500,000

Treasury Common Stock (at cost)
$150,000

what is the total paid-in-capital (cash collected) related to the common stock ?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M978356

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