On Line 22 they ask for Capital stock and on line 27 they ask for treasury stock.
22 is all stock issued (the sum of treasury and that outstanding), so 22 minus 27 is the outstanding stock, right? I am looking at a return where 27 is greater than 22. Other than an error, is there any way that could happen? The instructions don't cover this, presumably because it is so simple... thanksHappens quite often. I've one where 1,000 shares were issued for $1 back in the 70's. Two owners Dad with 999 and son with 1 share. Both worked business. Dad died leaving stock to Mom. Board (son and Ma) authorized a company stock buy back. Now the equity section looks like this: Common Stock 1 Treasury Stock -1,000,000
Funkly looking I agree but remember we deal with historical cost NOT fair market value. Regards,
Mark
Capital stock is the par value Paid in Capital is the excess of par value when it was issued. Treasury stock is what you paid to repurchase the stock. It has nothing to do with par value or the value you issued it for.
BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.