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RKJ Company has provided the following information: 100,000 shares of $5 par value common stock are authorized 74,000 shares have been issued 69,000 shares are
RKJ Company has provided the following information: 100,000 shares of $5 par value common stock are authorized 74,000 shares have been issued 69,000 shares are outstanding The 74,000 shares of issued common stock were issued for $7 per share. Which of the following statements is correct? Multiple Choice O Common stock is reported at $518,000 on the balance sheet. 0 Common stock is reported at $370,000 on the balance sheet. 0 Additional paid in capital is reported at $128,000 on the balance sheet. 0 Treasury stock is reported at $35,000 on the balance sheet
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