Question
ed k 3 ces Kinkaid Company was incorporated at the beginning of this year and had a number of transactions The following journal entries impacted
ed k 3 ces Kinkaid 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 a b C d Cash Common Stock 25 Par Value Paid In Capital in Excess of Par Value Common Stock Organization Expenses Common Stock 25 Par Value Paid In Capital in Excess of Par Value Common Stock Cash Accounts Receivable Building General Journal Notes Payable Common Stock 25 Par Value Paid In Capital in Excess of Par Value Common Stock Cash Common Stock 25 Par Value Paid In Capital in Excess of Par Value Common Stock Required 2 How many shares of common stock are outstanding at year end 3 What is the total paid in capital at year end 2 Number of outstanding shares 3 Total paid in capital Debit 260 000 150 000 44 000 16 000 82 600 146 000 Credit 230 000 30 000 126 000 24 000 59 800 52 800 30 000 79 000 67 000 Check my w
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