As a result, Jr. has been offered a stock subscription to purchase 50,000 shares at $1 per share. Clyde, Inc. would record the stock subscription journal entry by debiting the subscription receivable account and crediting the common stock subscribed account for $50,000. When Jr. purchases the shares, the cash account is debited for the cash received and the subscriptions receivable account is credited.
https://www.myaccountingcourse.com/accounting-dictionary/stock-subscription
What is common stock? Common stock is the type of ownership interest (expressed in shares) that exists at every U.S. corporation. (A relatively few corporations will have preferred stock in addition to the common stock.) The owners of common stock are known as common stockholders, common shareholders, or simply as stockholders or shareholders. Common Stock is also the title of the general ledger account that is credited when a corporation issues new shares of common stock. (The amount of the credit will depend on the state's regulations.) The balance in Common Stock will be reported in the corporation's balance sheet as a component of paid-in capital, a section within stockholders' equity.
https://www.accountingcoach.com/blog/what-is-common-stock
Generally, the holders of common stock elect the corporation's board of directors and will participate in a corporation's success through increases in the market value of their shares of common stock and perhaps through cash dividends. A drawback of common stock is that the common stockholders are last in line if the corporation is dissolved. View Our Course Outline
https://www.accountingcoach.com/blog/what-is-common-stock
The Balance Sheet: Stockholders' Equity. Preferred stock, common stock, additional paid‐in‐capital, retained earnings, and treasury stock are all reported on the balance sheet in the stockholders' equity section. Information regarding the par value, authorized shares, issued shares, and outstanding shares must be disclosed for each type of stock.
https://www.cliffsnotes.com/study-guides/accounting/accounting-principles-ii/corporations/the-balance-sheet-stockholders-equity
The terms stock and inventory are used interchangeably, but in actuality, the terms have two separate meanings. Although the difference is rather subtle, from an accounting standpoint, it's very important to your small business.
http://smallbusiness.chron.com/differences-between-inventory-stock-24880.html
This is particularly common with company buyouts and ownership transitions where an employee is slowing purchasing all the stock of the company as current owner retires. Accounting for subscriptions is simple. When a subscription is offered, a receivable account is created to track the stock purchases over time.
https://www.myaccountingcourse.com/accounting-dictionary/stock-subscription
The book value of common stock is rarely identical to the market value. If the market value of asset is substantially different from their respective book values, then the book value per share measure loses most of its relevance.
https://www.cliffsnotes.com/study-guides/accounting/accounting-principles-ii/corporations/the-balance-sheet-stockholders-equity
The Balance Sheet: Stockholders' Equity Preferred stock, common stock, additional paid‐in‐capital, retained earnings, and treasury stock are all reported on the balance sheet in the stockholders' equity section.
https://www.cliffsnotes.com/study-guides/accounting/accounting-principles-ii/corporations/the-balance-sheet-stockholders-equity
Book value measures the value of one share of common stock based on amounts used in financial reporting. To calculate book value, divide total common stockholders' equity by the average number of common shares outstanding.
https://www.cliffsnotes.com/study-guides/accounting/accounting-principles-ii/corporations/the-balance-sheet-stockholders-equity
What is a Stock Subscription? My Accounting Course 2017-10-10T07:55:55+00:00 Definition: A stock subscription is a contract requiring an investor to purchase a set number of unissued shares from the corporation at a future date for a specific price. In other words, it’s a legal agreement between and investor and the company […]
https://www.myaccountingcourse.com/accounting-dictionary/stock-subscription
what is all considered common stock for accounting
Common Stock is also the title of the general ledger account that is credited when a corporation issues new shares of common stock.