Ask Question
25 June, 07:17

Retained earnings is the total amount of cash and other assets paid in to the corporation by stockholders in exchange for capital stock. True or false?

+2
Answers (1)
  1. 25 June, 07:28
    0
    false

    Explanation:

    Paid-in capital is the amount of money or any other form that stockholders pay to the corporation for capital stock. it is considered as an important part of the equity in the business. paid-in capital can be paid for common or preferred stock.

    it is considered a way through which stockholders can represent their funds by showing the amount of stock they have purchased
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Retained earnings is the total amount of cash and other assets paid in to the corporation by stockholders in exchange for capital stock. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers