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info: entries: Problem 13-1A Stockholders' equity transactions and analysis LO P1, A4 Kinkaid Co. was incorporated at the beginning of this year and had a
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Problem 13-1A Stockholders' equity transactions and analysis LO P1, A4 Kinkaid Co. 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. credit General Journal Cash Conton Stock, $25 Par Value Paid-in Capital in Excess of Par Value, Common stock Debit 310,000 235,000 75,000 b. 260.000 Organization Expenses Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 126,000 34.000 c. Cash Accounts Receivable Building Notes Payable Common Stock. $25 Par Value Paid-in Capital in Excess of Par Value, Common Stock 45,500 15.500 82,800 59.500 53,300 30,000 d. 135,000 Cash Conton Stock, $25 Par Value Paid-In Capital in Excess of Par Valve, Common Stock 79,000 56,000 Complete this question by entering your answers in the tabs below. Req 2 and 3 Reg 4 How many shares of common stock are outstanding at year-end? What is the total paid-in capital at year-end? 2. Number of outstanding shares Total paid-in capital 3. What is the book value per share of the common stock at year-end if total pald-in capital plus retained earnings equals $797,000? Book Value per Common Share Choose Denominator Choose Numerator: 1 Book Value per Common Share Book value per common share Step by Step Solution
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