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a. Cash Kinkald Company was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders'

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a. Cash Kinkald Company 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, Transaction General Journal Debit Credit 260,888 Common Stock, $25 Par Value 245,000 Paid-In Capital in Excess of Par Value, Common Stock 15,000 Organization Expenses 188,888 Common Stock, $25 Par Value 129,888 Paid-In Capital in Excess of Par Value, Common Stack 51,888 Cash 44,500 Accounts Receivable 16,500 Building 81,800 Notes Payable 59,508 Common Stock, $25 Par Value 53,300 Paid-In Capital in Excess of Par Value, Common Stock 38,888 Cash 128,00 Common Stock, $25 Par Value 79,000 Paid-In Capital in Excess of Par Value, Common Stock 49,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total pald-in capital at year-end? 2. Number of outstanding shares 3. Total paid in capital

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