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shares of the stock for $ 1 1 per share. On May 2 , the company issued an additional 2 0 , 0 0 0
shares of the stock for $ per share. On May the company issued an additional shares for $ per share. S&J Iron was not affected by other events during Year Required a Record the transactions in a horizontal statements model. b Determine the amount S&J Iron would report for common stock on the December Year balance sheet. c Determine the amount S&J Iron would report for paidin capital in excess of par. d What is the total amount of capital contributed by the owners? e What amount of total assets would S&J Iron report on the December Year balance sheet? Complete this question by entering your answers in the tabs below. Req A Req to Record the transactions in a horizontal statements model. Note: In the Statement of Cash Flows column, indicate whether the item is an operating activity OA investing activity IA or financing activity FA Not all cells require input. tableS&J IRON CORPORATIONHorizontal Statements ModelEventsBalance Sheet,Income Statement,tableStatement of CashFlowsAssetsStockholders' Equity,Revenue,Expense,Net IncomeCashLiabilities,tableCommonStocktablePaid InCapital inExcessMarch May
shares of the stock for $ per share. On May the company issued an additional shares for $ per share. S&J Iron was not affected by other events during Year
Required
a Record the transactions in a horizontal statements model.
b Determine the amount S&J Iron would report for common stock on the December Year balance sheet.
c Determine the amount S&J Iron would report for paidin capital in excess of par.
d What is the total amount of capital contributed by the owners?
e What amount of total assets would S&J Iron report on the December Year balance sheet?
Complete this question by entering your answers in the tabs below.
Req A
Req to
Record the transactions in a horizontal statements model.
Note: In the Statement of Cash Flows column, indicate whether the item is an operating activity OA investing activity IA or financing activity FA Not all cells require input.
tableS&J IRON CORPORATIONHorizontal Statements ModelEventsBalance Sheet,Income Statement,tableStatement of CashFlowsAssetsStockholders' Equity,Revenue,Expense,Net IncomeCashLiabilities,tableCommonStocktablePaid InCapital inExcessMarch May
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