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12( 13) 14) The trial balance of Sunland Inc. includes the following balances: Common Stock. $41100; Paid-in Capital in Excess of Par, $65000 Treasury Stock
12(
The trial balance of Sunland Inc. includes the following balances: Common Stock. $41100; Paid-in Capital in Excess of Par, $65000 Treasury Stock $5800; Preferred Stock, $30200. Capital stock totals $142100 $71300 $136300. $106100 Sheffield Company originally issued 5400 shares of $10 par value common stock for $162000 ($30 per share). Sheffield subsequently purchases 530 shares of treasury stock for $26 per share and resells the 530 shares of treasury stock for $31 per share. In the entry to record the sale of the treasury stock, there will be a credit to Common Stock for $13780. O credit to Paid-In Capital from Treasury Stock for $2650. credit to Treasury Stock for $5300 Odebit to Paid-In Capital in Excess of Par of $15900. Bramble Corporation was organized on January 1, 2020, with authorized capital of 509000 shares of $10 par value common stock. During 2020, Bramble issued 29000 shares at $12 per share, purchased 4200 shares of treasury stock at $14 per share, and sold 4200 shares of treasury stock at $15 per share. What is the amount of additional paid-in capital at December 31, 2020? $62200 $4200 $0 $58000 M 13)
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