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11. What is the amount of total paid - in capital and total retained earnings? Prefered stock - $ 270,000 Paid in capital excess of
11. What is the amount of total paid - in capital and total retained earnings?
Prefered stock - $ 270,000
Paid in capital excess of par - preferred - $ 32,000
Common stock - $242,000
Paid in capital excess of par - common - $80,000
retained earnings - $183,000
12. A corporation originally issued $5 par common stock for $10 per share. What is the journal entry to record the purchase of 200 shares of their own stock for $8 per share?
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