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13-1A Stockholders' equity transactions and analysis LO P1, A4 Kinkaid Co was incorporated at the beginning of this year and had a number of transactions.
13-1A Stockholders' equity transactions and analysis LO P1, A4 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 Journal Cash Debit 290,000 Credit Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 250,000 40,000 Organization Expenses 190,000 Common Stock, $25 Par Value 126,000 Paid-In Capital in Excess of Par Value, Common Stock 64,000 C. Cash 44,500 Accounts Receivable 17,000 Building 82,200 Notes Payable 59,800 Common Stock, $25 Par Value 53,900 Paid-In Capital in Excess of Par Value, Common Stock 30,000 d. Cash 150,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 75,000 75,000 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 $788,000? Complete this question by entering your answers in the tabs below. Req 2 and 3 Req 4 How many shares of common stock are outstanding at year-end? What is the total paid-in capital at year-end? 2 Number of outstanding shares 3. Total paid-in capital Reg 2 and 2 Req 4 > Complete this question by entering your answers in the tabs below. Req 2 and 3 Req 4 What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $788,000? Choose Numerator Book Value per Common Sharm Choose Denominator
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