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1. A company sues 1S0 shares of $25 par preferred stock and 500 shares of S5 par common stock in a package sale. Total process

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1. A company sues 1S0 shares of $25 par preferred stock and 500 shares of S5 par common stock in a "package sale. Total process received were $19,500. market value of $22 per share at the time of The preferred stock had a market value of $60 per share and common stock had a the package sale. Prepare the journal entry required to record the package sale of stock 2. In August of 2016 a company issued subscribed stock and recorded the following journal entry $10,400 $93,600 Cash (1,000 shares x $104 x.10) Preferred Stock Subscribed Additional Paid in Capital-Ps $100,000 $4,000 Full payment was made for the subscribed stock on November 1. Prepare the November 1, 2016 journal entry 3. The shareholders' equity of a company is as shown: $200,000 $100,000 150,000 $450,000 Common stock, $10 par APIC-CS Total Shareholders Equity If the company issued a 6% stock dividend during the year, what would total shareholders' equity be after the dividend was issued? 4. At the beginning of 2016 a company had 7,000 shares of common stock outstanding. On August 1, 2016, the company issued another 2,000 shares of common stock On December 1, 2016 the company issued a 2-for-1 stock split. What quantity of common shares would be used in the 2016 Basic Earnings Per Share calculation

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