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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. Credit Debit 280, eee a. 245,000 35,000 General Journal 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 b. 180, eee 126,000 54,000 C. 5 Cash Accounts Receivable Building Notes Payable Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 45,000 17,500 81,600 59,600 54,500 30,000 d. 141, een Cash Common Stock, $25 Par Value Paid-In Capital in excess of Par Value, Common Stock 75,000 66, eee Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the amount of minimum legal capital (based on par value) at year-end? 4. What is the total paid-in capital at year-end? 5. What is the book value per share of the common stock at vear-end if total pald-in capital plus retained earnings equals Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the amount of minimum legal capital (based on par value) at year-end? 4. What is the total paid-in capital at year-end? 5. 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? Complete this question by entering your answers in the tabs below. K ht Reg 2 to 4 Reg 5 How many shares of common stock are outstanding at year-end? What is the amount of minimum legal capital (based on par value) at year-end? What is the total paid-in capital at year-end? 2 Number of outstanding shares Minimum legal capital Total paid-in capital 4 Reg 2 to 4 Reqs > Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the amount of minimum legal capital (based on par value) at year-end? 4. What is the total paid-in capital at year-end? 5. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $797,000? Complete this question by entering your answers in the tabs below. Reg 2 to 4 Reqs What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $797,000? Book Value.per Common Share Choose Denominator: Choose Numerator: Book Value per Common Share Book value per common share = 1

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