Transcribed Image Text
How do i calculate Paid in capital common and retained earningswhen stock is sold below value.I know when i journal itsa debit to cash a debit to paid in capital treasurystock, a debit to retained earnings and a credit to treasury stockcommon. I just can't fiure out how to calculatehow much goes to retained earings and how much goes to paid incapital treasury stock. please help.
Other questions asked by students
Accounting
Civil Engineering
Accounting
Basic Math
Accounting
Accounting
Accounting