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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

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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 Debit Credit 300,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 245.000 55,00 150,00 Organization Expenses Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 125,00 55,000 45,00 15,00 32,100 Accounts Receivable Building Notes Payable Common Stock. $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock $9,000 $2,300 30,000 Common Stock, $25 Par valve Paid In Capital in excess of Par Value, Common Stock 79,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. 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 $782.000? Complete this question by entering your answers in the tabs below. Reg 2 and 3 es of common stock are outstanding at year-end? What is the total paid in capital at year-end? IN Prey 1 of 12 Hii Next >

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