Splish Brothers Inc. was organized on January 1, 2022. It is authorized to issue 11,000 shares...

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Splish Brothers Inc. was organized on January 1, 2022. It is authorized to issue 11,000 shares of 8%, $100 par value preferred stock, and 524,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Issued 83,000 shares of common stock for cash at $4 per share. Jan. 10 Mar. 1 Issued 4,600 shares of preferred stock for cash at $110 p O per share. Apr. 1 Issued 23,000 shares of common stock for land. The asking price of the land was $89,500. The fair value of the land was $86,000. May 1 Issued 81,000 shares of common stock for cash at $5.00 per share. Aug. 1 Issued 10,500 shares of common stock to attorneys in payment of their bill of $42,000 for services performed in helping the company organize. Sept. 1 Issued 10,500 shares of common stock for cash at $5 per share. Nov. 1 Issued 3,000 shares of preferred stock for cash at $112 per share. (a) Question Part Score Question (b) Question Part Score (c) Prepare the paid-in capital section of stockholders' equity at December 31, 2022. (Enter the account name only and do not provide the descriptive information provided in the question.) Total Liabilities and Stockholders' Equity Stockholders Equity contri Splish Brothers Inc. Balance Sheet (Partial) 2/2 1/1 Splish Brothers Inc. was organized on January 1, 2022. It is authorized to issue 11,000 shares of 8%, $100 par value preferred stock, and 524,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Issued 83,000 shares of common stock for cash at $4 per share. Jan. 10 Mar. 1 Issued 4,600 shares of preferred stock for cash at $110 p O per share. Apr. 1 Issued 23,000 shares of common stock for land. The asking price of the land was $89,500. The fair value of the land was $86,000. May 1 Issued 81,000 shares of common stock for cash at $5.00 per share. Aug. 1 Issued 10,500 shares of common stock to attorneys in payment of their bill of $42,000 for services performed in helping the company organize. Sept. 1 Issued 10,500 shares of common stock for cash at $5 per share. Nov. 1 Issued 3,000 shares of preferred stock for cash at $112 per share. (a) Question Part Score Question (b) Question Part Score (c) Prepare the paid-in capital section of stockholders' equity at December 31, 2022. (Enter the account name only and do not provide the descriptive information provided in the question.) Total Liabilities and Stockholders' Equity Stockholders Equity contri Splish Brothers Inc. Balance Sheet (Partial) 2/2 1/1