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OURCES ded for Problem Bridgeport Corp. was organized on January 1, 2017. It is authorized to issue 20,500 shares of 7%, 553 par value preferred

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OURCES ded for Problem Bridgeport Corp. was organized on January 1, 2017. It is authorized to issue 20,500 shares of 7%, 553 par value preferred stock and 453,000 shares of par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year Jan. 10 Issued 66.500 shares of common stock for cash 54 per share 1 Issued 1.130 hares of preferred stock for cash $56 Dershane May 1 Issued 111.500 shares of common stock for cash $5 per share Sept. 1 Issued 4,300 shares of common stock for cash at 7 per share. NO 1 I 2,300 shares of preferred stock for cash at $5 per share evtudy Prepare a tabula summary to record the transactions (faransaction causes are in Asses Labor Stockholders'uty lace a negative son for parentheses) in Front of the most entered for the articular stability or Equity that was reduced Assets Liabilities Stockholders' uity Retained Earnings NEXT ment CALCULATOR FULL SCREEN PRINTER VERSION BACK Prepare a tabula summary to record the transactions. (Il a transaction causes a decrease in Assets, Liabilities for Stockholders' Equity, place a negative sign (or parentheses) front of the amount entered for the particular Asset, Liability or Equity item that was reduced) Assets Liabilities Stockholders' Equity Paid-in-Capital Retained Earnings Common PIC in Excess of stated PIC in Excess of Par Cash Stock Value Com Prel. Stock Value Prel Revenue Expense Dividend Jan. 10 $ Mar. 1 dy + + + May Sept. 1 No. 1 Total ECES ok for Prepare the paid-in capital portion of the stockholders' equity section at December 31, 2017 BRIDGEPORT CORP. Partial Balance Sheet Study. Click if you would like to show Work for this question och Show Work

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