Series 79: Preferred Stock And Common Stock

Preferred Stock and Common Stock

The balance sheet will list amounts for preferred stock and common stock issued and outstanding. Normally, there will be a separate line for each type of stock (and for each class, if there are multiple classes), which will reveal:

• • Par value per share (if any)
• • Number of shares of that type authorized
• • Number of shares of that type issued
• • Total par value of the shares

For example, the balance sheet might include:

• • Preferred stock: $1 par value, 5,000,000 shares authorized, none issu