Form with which a corporation may resolve to issue additional Capital Stock in the corporation.
Issue Common Stock For Cash In Minnesota
State:
Multi-State
Control #:
US-0040-CR
Format:
Word;
Rich Text
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A corporation can issue preferred stock as well as common stock. Preferred shares are given specific rights that come before those of common stockholders.We will credit common stock for the amount of stock issued times the par value. What are Shares of Stock and how are they used? Paid-In Capital in Excess of Par Value—Common (220,000 cash – 200,000 par), 20,000. To record the issuance of 10,000 shares of stock for cash. Which Form Should You File? : Shareholders avoid the double taxation issue common to C Corporations. This value was made up of common stock and additional paid-in capital. Shareholder Services (Individual Investors).