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Tamarisk, Inc. Issues 9,400 shares of $106 par value preferred stock for cash at $110 per share. Prepare a tabular summary to
Tamarisk, Inc. issues 9,400 shares of $106 par value preferred stock for cash at $110 pershare. Prepare a tabular summary to
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Stockholders Equity
Assets Liabilities Paid in capital Retained Earnings
Cash Common Stock PIC in excess of par Com. Pref. stock PIC in excess of par Pref. Treasury stock Revenue Expenses Dividend
May-10 $1,034,000 $996,400 $37,600
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