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The Common Stock account for Omega Corporation on January 1, 2017 was $50,000. On Tune 1, 2017 Alpha issued an additional 3,000 shares of common
The Common Stock account for Omega Corporation on January 1, 2017 was $50,000. On Tune 1, 2017 Alpha issued an additional 3,000 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock, Paid in Capital Excess to par Common Stock was $15,000 on January 1 and S20,000 on June 2 and net income was S145,400. Use this information to determine for December 31, 2017 the amount of: a. Total Stockholders Equity Av Ar
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