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M mall 3 Youube Maps New lab Furniture Store Lo... Reading List Chapter 11 Problems A Saved Help Save & Exit Submit Check my work
M mall 3 Youube Maps New lab Furniture Store Lo... Reading List Chapter 11 Problems A Saved Help Save & Exit Submit Check my work 1 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. Transaction Credit 2.08 points Debit 290,000 245,000 45,000 b. 190,000 eBook 127,000 63,000 Print 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 Cash 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 44,500 18,500 82,000 References 60,000 55,000 30,000 130,000 76,000 54,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? 2. Number of outstanding shares 3. Total paid-in capital
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