Q.58

Q.67

I'd appreciate it a lot if you could show me the process.

Sunland Packaging Corporation began business in 2021 by issuing 29700 shares of $3 par common stock for $9 per share and 13900 shares of 7%,$10 par preferred stock for par. At year end, the common stock had a market value of $12. On its December 31,2021 balance sheet, Sunland Packaging would report Paid-In Capital of $89100. Common Stock of $89100. Common Stock of $356400. Common Stock of $267300. Sheffield Consulting started the year with total assets of $59800 and total liabilities of $15100. During the year, the business recorded $47400 in catering revenues and $29900 in expenses. Sheffield issued stock of $9400 and paid dividends of $14500 during the year. Stockholders' equity changed by what amount from the beginning of the year to the end of the year? $3300. $9100. $44700. $12400