SIGN CONVENTIONS For each account listed below, please state whether the account balance is usually presented in the Balance Sheet with a positive sign, negative sign or can be presented either way due to the circumstances. (Ignore the instance where the account balance is zero.). 11 Common Stock Par Value 12 Common Stock - Additional Paid in Capital (APIC) 13 Accumulated Other Comprehensive Income (AOCI) 14 Retained Earnings 15 Noncontrolling Interests 16 The EQUITY Balance in Total 17 A new company is conducting its first round of capital raising by issuing Common Stock. It has no other Common Stock Outstanding. 1,000,000 shares are issued at a Market Price of $ 100 per share. What is the total Equity Capital Contributed? 18 The Common Stock issued in # 17 is a PAR VALUE Common Stock because of the requirements of state law. If the PAR VALUE per share is $ 10 what will the Common Stock - Par Value line item in the Equity Section. 19 What will be the balance in Common Stock - APIC? 20 One year later the company decides to buy back 200,000 shares at a price of $ 150 per share for cash. What will be the balance shown in the Treasury Stock account (ignore signs)? 21 After the 200,000 shares are repurchased how many shares remain outstanding