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RKJ company has provided the following information. 100000 shares of $5 par value common stock are aitorised 72000 shares have been issued 67000 shares are
RKJ company has provided the following information.
100000 shares of $5 par value common stock are aitorised
72000 shares have been issued
67000 shares are outstanding
the 72000 shares are issued common atock were issued for 11 par share.
which if the following is correct
1. common stock is rported at 3600000 on the balance sheet.
2. additional paid in capital is reported at 412000
3. common stock is reported at 792000 on the balance sheet
4 treasury stovk is reported at 55000 on the balnce sheet
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