Newly formed S J Iron Corporation has 1 1 2 , 0 0 0 shares of $ 6 par common stock authorized On March 1 , Year 1 , S J Iron issued 8 , 5 0 0 shares of the stock for $ 1 3 per share On May 2 , the company issued an additional 1 9 , 5 0 0 shares for $ 2 1 per share S J Iron was not affected by other events during Year 1 Required a Record the transactions in a horizontal statements model b Determine the amount S J Iron would report for common stock on the December 3 1 , Year 1 , balance sheet c Determine the amount S J Iron would report for paid in capital in excess of par d What is the total amount of capital contributed by the owners e What amount of total assets would S J Iron report on the December 3 1 , Year 1 , balance sheet PART B Common stock Paid in capital in excess of par Total paid in capital Total assets Newly formed S J Iron Corporation has 1 1 2 , 0 0 0 shares of $ 6 par common stock authorized On March 1 , Year 1 , S J Iron issued 1 0 , 5 0 0 shares of the stock for $ 1 2 per share On May 2 , the company issued an additional 2 4 , 0 0 0 shares for $ 2 1 per share S J Iron was not affected by other events during Year 1 Required a Record the transactions in a horizontal statements model b Determine the amount S J Iron would report for common stock on the December 3 1 , Year 1 , balance sheet c Determine the amount S J Iron would report for paid in capital in excess of par d What is the total amount of capital contributed by the owners e What amount of total assets would S J Iron report on the December 3 1 , Year 1 , balance sheet Complete this question by entering your answers in the tabs below Req A Req B t o E Record the transactions in a horizontal statements model

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Newly formed S J Iron Corporation has 1 1 2 , 0 0 0 shares of $ 6 par common stock authorized  On March 1 , Year 1 , S J Iron issued 8 , 5 0 0 shares of the stock for $ 1 3 per share  On May 2 , the company issued an additional 1 9 , 5 0 0 shares for $ 2 1 per share  S J Iron was not affected by other events during Year 1   Required a   Record the transactions in a horizontal statements model  b   Determine the amount S J Iron would report for common stock on the December 3 1 , Year 1 , balance sheet  c   Determine the amount S J Iron would report for paid   in capital in excess of par  d   What is the total amount of capital contributed by the owners  e   What amount of total assets would S J Iron report on the December 3 1 , Year 1 , balance sheet  PART B  Common stock  Paid   in capital in excess of par  Total paid   in capital  Total assets Newly formed S  J Iron Corporation has 1 1 2 , 0 0 0 shares of $ 6 par common stock authorized  On March 1 , Year 1 , S J Iron issued 1 0 , 5 0 0 shares of the stock for $ 1 2 per share  On May 2 , the company issued an additional 2 4 , 0 0 0 shares for $ 2 1 per share  S J Iron was not affected by other events during Year 1   Required a   Record the transactions in a horizontal statements model  b   Determine the amount S J Iron would report for common stock on the December 3 1 , Year 1 , balance sheet  c   Determine the amount S J Iron would report for paid   in capital in excess of par  d   What is the total amount of capital contributed by the owners  e   What amount of total assets would S J Iron report on the December 3 1 , Year 1 , balance sheet  Complete this question by entering your answers in the tabs below  Req A Req B t o E Record the transactions in a horizontal statements model

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Newly formed S&J Iron Corporation has 1 1 2 , 0 0 0 shares of $ 6 par common stock authorized. On March 1 ,

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