Albert inc. should be listed first in the stockholders' equity section of the balance sheet Preferred stock.
In the shareholders' equity column of the balance sheet, preferred stock, common stock, additional paid-in capital, retained earnings, and treasury stock are all disclosed.
Some businesses issue both preferred stock and common stock. However, the majority of organizations only issue common stock. In other words, a business corporation must issue common stock, but it is up to the corporation to decide whether or not to also issue preferred stock.
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