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please fix my wrong answers 3 10 points The following information pertains to JAE Corporation at January 1, Year 1 Conon stock, 512 bar, 10,000
please fix my wrong answers
3 10 points The following information pertains to JAE Corporation at January 1, Year 1 Conon stock, 512 bar, 10,000 shares authorited, 2,000 shares issued and outstanding $ 24,000 Paid-in capital in excess of par, common stock 13,200 Retained earnings 56,200 JAE Corporation completed the following transactions during year 1 1. Issued 1100 shares of $12 par common stock for $29 per share 2. Repurchased 150 shares of its own common stock for $26 per share 3. Resold 50 shares of treasury stock for $27 per share Required a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c1. Prepare journal entries for these transactions c2. Post the journal entries to T-accounts d. Prepare the stockholders equity section of the balance Aneet reflecting these transactions Answer is not complete Complete this question by entering your answers in the tabs below. Reg A to B Reg C Reg C2 Reg D a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? a. Outstanding shares at the end of the period issued shares at the end of the period D 3,000 3,100 RAD ReqC1 > Answer is not complete. Complete this question by entering your answers in the tabs below. Ren AB Reg Ci Reg C2 Reg D Prepare journal entries for these transactions. (If no entry is required for a transaction/event, select "No Journal entry required in the first account field.) No Transaction Debit 31,900 A General Journal Cash Common stock Paid in capital in excess of par value-common stock OOO 3 900 2 Treasury stock Cash OOO OO 1.350 G Treasury Stock Paid in capital in excess of cost of treasury stock Answer is not complete. Complete this question by entering your answers in the tabs below. Reg A to Reg Ci Reg C2 Reg D Prepare the stockholders' equity section of the balance sheet reflecting these transactions. (Amounts to be deducted should be indicated with minus sign.) Stockholders' equity Common stock Paidan capital in excess of par value-common stock Paid in capital in excess of cost of treasury stock OOO $ 37200 31,900 50 Total paid in capital Retained coming Less Treasury stock Total stockholders' equity oo $69.150 56,200 (2.500) 5 122.750 Step by Step Solution
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