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b. Determine the amount S&J Iron would report for common stock on the December 31, Year 1, balance she c. Determine the amount S&J Iron
b. Determine the amount S&J Iron would report for common stock on the December 31, Year 1, balance she c. Determine the amount S&J Iron would report for paid-in capital in excess of par d. What is the total amount of capital contributed by the owners? e. What amount of total assets would S&J Iron report on the December 31, Year 1, balance sheet? b. Common stock c. Paid-in capital in excess of par d. Total paid-in capital e. Total assets f. Prepare journal entries to record the March 1 and May 2 transactions. (If no entry is required for a transea journal entry required" in the first account field.) b. Determine the amount S&J Iron would report for common stock on the December 31, Year 1, balance she c. Determine the amount S&J Iron would report for paid-in capital in excess of par d. What is the total amount of capital contributed by the owners? e. What amount of total assets would S&J Iron report on the December 31, Year 1, balance sheet? b. Common stock c. Paid-in capital in excess of par d. Total paid-in capital e. Total assets f. Prepare journal entries to record the March 1 and May 2 transactions. (If no entry is required for a transea journal entry required" in the first account field.)
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