Common stock, s s par, n , 0 0 0 shares authorized, 2 , 2 0 0
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Question:
Common stock, s s par, n shares authorized, shares issued and outstanding
Paidin capital in excess of par, common stock
Retained earnings
$
JAE Corp. completed the following transactions during Year :
Issued shares of $ par common stock for $ per share.
Repurchased shares of its own common stock for $ per share.
Resold shares of treasury stock for $ per share.
Required
a How many shares of common stock were outstanding at the end of the period?
b How many shares of common stock had been issued at the end of the period?
c Organize the transactions data in accounts under the accounting equation.
d Prepare the stockholders' equity section of the balance sheet reflecting these transactions.
Complete this question by entering your answers in the tabs below.
Req A and
Req C
Req D
Organize the transactions data in accounts under the accounting equation. Enter any decreases to account balances with a minus sign.
tableJAE CORPORATIONAccounting Equation for the Year Beg bal.
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