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Tepage&cmide 267416 Business Course Return to course Support 3 Orion 6 Not complete Marked out of 1200 Pra question Identifying and Analyzing Financial Statement Effects of Stock Transactions The stockholders' equity of Gaulin Company at the start of the current year follows: Common stock 35 par vi 350.000 Suthored 150.000 sharested and outstanding $750.000 Paid in capital in excess of par value 600.000 Retained earning 346,000 During the current year, the following transactions occurred jan. 5 issued 10,000 shares of common stock for $10 cash per share Jan. 18 Purchased 4,000 shares of common stock for the treasury at 515 cash per share Mar 12 Sold one-fourth of the treasury shares acquired january 18 for 519 cash per share July 17 Sold 500 shares of the remaining treasury stock for $14 cash per share Oct 1 Issued 5,000 shares of 8,527 par value preferred stock for $34 cash per share. This is the first issuance of preferred shares from the 50.000 authorised shares (a) Use the financial statement effects template to indicate the effects of each transaction Use negative signs with your answers, when appropriate Balance Sheet Income Statement Noncash Contributed Earned Net Transaction Cash Asset Assets - Liabilities Capital Capital Raven Expenses - an J1 M12 July 17 Od . Income th) Prepare the current year stockholders equity section of the balance sheet assuming that the company reports net income of 572 500 for the your Une a negative sigo with your answer for treasury stock type here to search Mr.12 dy. 17 Oct [b] Prepare the current year stockholders equity section of the balance sheet assuming that the company reports net income of 572 500 for the year Usca negative sin with your answer for treasury stock Stockholders' Equity Tald in capital e Proferred stock, 527 par value 50.000 shares hored 5.000 shares issued and outstandings Commons, Sparvae 350.000 shares authorised 12000 sharested Additional policial Padinta in excess of wave preterred stock Pantat in excess of common stod Pad-in capital forstock Total paid incat Less they took Share one with your Tots Stockholders fourty Check Previous Save Answers Type here to search o BI Tepage&cmide 267416 Business Course Return to course Support 3 Orion 6 Not complete Marked out of 1200 Pra question Identifying and Analyzing Financial Statement Effects of Stock Transactions The stockholders' equity of Gaulin Company at the start of the current year follows: Common stock 35 par vi 350.000 Suthored 150.000 sharested and outstanding $750.000 Paid in capital in excess of par value 600.000 Retained earning 346,000 During the current year, the following transactions occurred jan. 5 issued 10,000 shares of common stock for $10 cash per share Jan. 18 Purchased 4,000 shares of common stock for the treasury at 515 cash per share Mar 12 Sold one-fourth of the treasury shares acquired january 18 for 519 cash per share July 17 Sold 500 shares of the remaining treasury stock for $14 cash per share Oct 1 Issued 5,000 shares of 8,527 par value preferred stock for $34 cash per share. This is the first issuance of preferred shares from the 50.000 authorised shares (a) Use the financial statement effects template to indicate the effects of each transaction Use negative signs with your answers, when appropriate Balance Sheet Income Statement Noncash Contributed Earned Net Transaction Cash Asset Assets - Liabilities Capital Capital Raven Expenses - an J1 M12 July 17 Od . Income th) Prepare the current year stockholders equity section of the balance sheet assuming that the company reports net income of 572 500 for the your Une a negative sigo with your answer for treasury stock type here to search Mr.12 dy. 17 Oct [b] Prepare the current year stockholders equity section of the balance sheet assuming that the company reports net income of 572 500 for the year Usca negative sin with your answer for treasury stock Stockholders' Equity Tald in capital e Proferred stock, 527 par value 50.000 shares hored 5.000 shares issued and outstandings Commons, Sparvae 350.000 shares authorised 12000 sharested Additional policial Padinta in excess of wave preterred stock Pantat in excess of common stod Pad-in capital forstock Total paid incat Less they took Share one with your Tots Stockholders fourty Check Previous Save Answers Type here to search o BI
