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answer both questions Question 16 The following data is available for Metlock, Inc. at December 31, 2020: Common stock, par $10 (authorized 26000 shares) $234000
answer both questions Question 16 The following data is available for Metlock, Inc. at December 31, 2020: Common stock, par $10 (authorized 26000 shares) $234000 Treasury stock (at cost $15 per share) $1200 Based on the data, how many shares of common stock are outstanding? O 26000 O 25920. 23320 23400. Question 17 Cheyenne Corp. lends Flounder industries $44400 on August 1, 2022, accepting a 9-month, 6% Interest note. If Cheyenne Corp. prepares its financial statements as of December 31, 2022, what adjusting entry must it make? O Notes Receivable 1110 Interest Revenue 1110 1110 1110 Interest Receivable Interest Revenue Cash Interest Revenue 1110 1110 1110 Accounts Receivable Interest Receivable
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