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asap Stock Issuance and Treasury Stock Diva, Inc. recorded the following capital stock transactions: Balance Sheet Assets = Liabilities + Stockholders' Equity Common Stock 50,600
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Stock Issuance and Treasury Stock Diva, Inc. recorded the following capital stock transactions: Balance Sheet Assets = Liabilities + Stockholders' Equity Common Stock 50,600 480,700 (1) (2) (3) PIC in Excess of Treasury PIC from + Common Stock + Stock + Treasury Stock 430,100 (92,400) 63,360 11,520 (92,400) 74,880 Use the following additional information about the above transactions when answering questions a through e. (1) issued common stock for $19 cash per share (2) purchased treasury shares at $22 per share. (3) sold some of the treasury shares: a. How many shares were originally issued? 0 b. What was the par value of the shares issued? $ 0 c. How many shares of treasury stock were acquired? O d. How many shares of treasury stock were sold? O e. At what price per share was the treasury stock sold? $ 0 Step by Step Solution
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