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Kinkaid Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity

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Kinkaid Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations. General Journal Debit Credit Cash 300,000 a. Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common 250,000 50,000 Stock Organization Expenses Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock b. 15e,000 125,ee0 es 25,000 Cash 43,000 15,000 81,500 C. Accounts Receivable Building Notes Payable Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 59,500 50,000 30,000 120,000 d. Cash Common Stock, $25 Par Value Paid-Tn Canital in Fxcess of Par Value. 75,000 Common vane a year-end? what is the total paid-in capital at year-end? Number of outstanding shares 2. Minimum legal capital Total paid-in capital 3. 4

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