Broward finances with only debt and common equity, so it has no preferred stock. Broward finances with only debt and common equity, so it has no preferred stock.This online course will teach you to prepare tax returns for individuals, small business corporations, partnerships, and sole proprietorships. ACG2001 PRINCIPLES OF ACCOUNTING I (3.00 Credits). Access study documents, get answers to your study questions, and connect with real tutors for APA 1111C : Intro to Accounting at Broward College. Stock, Capital of a corporation that is divided into portions or shares. Stock refers to an equity or ownership interest in a corporation. The formula for calculating capital stock on balance sheet is straightforward. Paid-in capital is the total amount of cash that a company has received in exchange for its common or preferred stock issues. Lets just start with the equity accounts.