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Smithville Processing has 2,000,000 shares of $4 Par Common stock authorized. Bakersfield has issued some of these shares and is showing $1,600,000 in its Common

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Smithville Processing has 2,000,000 shares of $4 Par Common stock authorized. Bakersfield has issued some of these shares and is showing $1,600,000 in its Common Stock account and $3,600,000 in its Additional Paid-in Capital account. How many shares of Angus stock have been issued Multiple Choice 400,000 900,000 The number of shares cannot be determined using the information provided. At the beginning of 2021, Rotary Cement Corp. had 14,000 shares of $5 Par value common stock outstanding that were issued at $28 a share. In June, Rotary issued an additional 4,000 shares of common stock for $30 a share. A total of 70,000 shares were authorized on September 23, Rotary purchased 600 shares of treasury stock at $26 a share. Which of the following would be included in the purchase of treasury stock? Multiple Choice Debit Treasury Stock for $3,000 O O 0 Credit Treasury Stock for $3,000 O O Credit Cash for $15,600 O Credit Additional Paid in Capital for $12.600 At the end of the accounting period, the general ledger of Antonio's Tacos had the following balances: Common Stock, $60,000; additional paid in capital, $222.000; retained earnings, $402,000; and treasury stock, $13,000. What is the total amount of stockholders' equity? Multiple Choice $282.000 5671,000 $605000 5684.000 Help Save & E Rosenburg Inc. was established on February 21, 2020. Rosenburg is authorized to issue 850,000 shares of $4.00 par value common stock and by December 31, 2020, Rosenburg had 220,000 shares issued & outstanding and Paid-In Capital of $1,900,000. On January 3, 2021, when the common stock was trading for $21share, Rosenburg declared a 16% stock dividend. Which of the following would be included in the journal entry to record the declaration and payment of the stock dividend? Multiple Choice Stock Dividends is debited for $140,800 Common Stock is credited for $140,800 Additional Paid in Capital is credited for $140,800 0 Cash Dividends is debited for $140,800

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