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! Kinkaid Company was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders' equity
Kinkaid Company 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.
points
tableTransactionGeneral Journal,Debit,CreditaCash,Common Stock, $ Par Value,,PaidIn Capital in Excess of Par Value, Common Stock,,bOrganization Expenses,tableCommon Stock, $ Par ValuePaidIn Capital in Excess of Par Value, Common StocktablecCash,Accounts Receivable,Building,Notes Payable,,Common Stock, $ Par Value,,PaidIn Capital in Excess of Par Value, Common Stock,,dCash,tableCommon Stock, $ Par ValuePaidIn Capital in Excess of Par Value, Common Stocktable
Required:
How many shares of common stock are outstanding at yearend?
What is the total paidin capital at yearend?
table Number of outstanding shares, Total paidin capital,
Required information
The following information applies to the questions displayed below.
The equity sections for Atticus Group at the beginning of the year January and end of the year December follow.
The following transactions and events affected its equity during the year.
January Declared a $ per share cash dividend, date of record January
March Purchased treasury stock for cash.
April Declared a $ per share cash dividend, date of record April
July Declared a $ per share cash dividend, date of record July
July Declared a stock dividend when the stock's market value was $ per share.
August Issued the stock dividend that was declared on July
ctober Declared a $ per share cash dividend, date of record ctober
Required:
How many common shares are outstanding on each cash dividend date?
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