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The following information pertains to JAE Corporation at January 1 , Year 1 : Common stock, $ 9 par, 9 , 0 0 0 shares
The following information pertains to JAE Corporation at January Year :
Common stock, $ par, shares authorized, shares issued and outstanding $
Paidin capital in excess of par, common stock
Retained earnings
JAE Corporation completed the following transactions during Year :
Issued shares of $ par common stock for $ per share.
Repurchased shares of its own common stock for $ per share.
Resold shares of treasury stock for $ per share.
Required:
How many shares of common stock were outstanding at the end of the period?
How many shares of common stock had been issued at the end of the period?
Organize the transactions data in accounts under the accounting equation.
Prepare the stockholders equity section of the balance sheet reflecting these transactions.Issued shares of $ par common stock for $ per share.
Repurchased shares of its own common stock for $ per share.
Required:
a How many shares of common stock were outstanding at the end of the period?
b How many shares of common stock had been issued at the end of the period?
c Organize the transactions data in accounts under the accounting equation.
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Answer is not complete.
Complete this question by entering your answers in the tabs below.
Organize the transactions data in accounts under the accounting equation. Note: Enter any decreases to account balances with
Note: Enter any decreases to account balances with a minus sign. Not all cells require input.
thank you!!!
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