Question
On January 1, 2023, Wassel Corp. had 300,000 shares of common stock outstanding. During 2023, it had the following transactions that affected the common
On January 1, 2023, Wassel Corp. had 300,000 shares of common stock outstanding. During 2023, it had the following transactions that affected the common stock account. March 1 Issued 150,000 Shares July 1 Issued a 2-for-1 stock split October Acquired 300,000 share of 1 treasury stock Determine the weighted-average number of shares outstanding as of December 31, 2023.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
10th Canadian Edition Volume 2
1118300858, 978-1118300855
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