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1. how many shares of common stock are outstanding at your end? 2. what is the total paid in capital at year end? 3. what

1. how many shares of common stock are outstanding at your end?
2. what is the total paid in capital at year end?
3. what is the book value per share of the common stock at year end if total paid in capital plus retain earnings equals $791,000?
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11 Problems Help Kinkaid Co. was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations General Tour Debit 270,000 Credit Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 225,000 45,000 b. 190,000 Organization Expenses Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 129,000 61,000 44,000 15,000 82.300 Cash Accounts Receivable Building Notes Payable Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common stock 59,500 51,800 30,000 d. 137,000 Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 78,000 59,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? 4. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $791,000? Prev 1 of 12 !!! Next > Search o e04

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