Question
Question 4 On January 2, 2016, Alpha Corporation's initial capital stock transaction consisted of an issuance of 5,000 shares of $5 par value common stock,
Question 4
On January 2, 2016, Alpha Corporation's initial capital stock transaction consisted of an issuance of 5,000 shares of $5 par value common stock, for $60 per share. On June 30, 2017 another 10,000 shares were authorized to be issued. Use this information to determine for the June 30, 2017 balances for:
Common Stock
Additional Paid in Capital in excess of par Common Stock
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
