Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 5 - Balance Sheet and Statement of Cash Flows - Exercises - Page 282: E5-3(6)

Answer

6. (h)

Work Step by Step

Preferred stock is a form of equity that has preferential treatment and is therefore classified as capital stock, and this will appear under the capital stock headline.
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