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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 a. Cash 300,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 250,000 50,000 Organization Expenses 150,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 125,000 25,000 Cash 43,000 Accounts Receivable Building 15,000 Notes Payable 81,500 Common Stock, $25 Par Value 59,500 Paid In Capital in Excess of Par Value, Common Stock 50,000 30,000 a. Cash mon Stock, $25 Par Value 120,000 Paid-In Capital in Excess of Par Value, Common Stock 75,000 45,000 C. Required: 2. & 3. How many shares of common stock are putstanding at year-end? What is the total paid-in capital at year-end? 4. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $695,000? Complete this question by entering your answers in the tabs below. Reg 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. 19.000 667,500 15,000 81,500 Accounts Receivable Building 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 59,500 50,000 30,000 d. 120,000 75,000 45,000 Required: 2. & 3. How many shares of common stock are outstanding at year-end? What is the total paid-in capital at year-end? 4. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $695,000? Complete this question by entering your answers in the tabs below. Reg 2 and 3 Reg 4 What is the book value per share of the common stock at year-end if total paid in capital plus retained earnings equals $695,000? Choose Numerator Stockholders equity applicable to common shares 793,000 Book Value per Common Share Choose Denominator: Stockholders' equity applicable to 2 common shares X Book Value per Common Sharo Book value per common share 39.85 19,900

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