Financial Accounting question about common stock, shares authorized and shares issued.

I could really use some help for this, I do not understand and can not find the answer at all. Thank you!Common stock (par $1; no changes during the current year).Shares authorized, 500,000.Shares... more

Andy reported the following gains and losses from the sale of capital assets

Andy reported the following gains and losses from the sale of capital assets: • Loss on Pigeon Corporation stock (held 9 months): (15,000) • Gain on Dove, Inc. stock (held for 2 years): 5,000 •... more

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