Examlex
If a corporation issues 4,000 shares of $1 par value common stock for $8,000, the entry would include a credit to:
Residual
The amount remaining after the greater part has been deduced; in finance, often refers to the residual value or remaining interest in an asset.
Stock Splits
occur when a company divides its existing stock into multiple shares to boost the liquidity of the shares, though the overall value of the company doesn't change.
Economic Benefit
The advantage or gain derived from an economic action or activity such as investments, consumption of goods, and services.
Trading Range
The range within which a security or a market index fluctuates over a specified period.
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