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Kinkaid Co is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity

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Kinkaid Co is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations General Journal Debit Credit Cash 270,000 Common Stock, $25 Par Value 225,000 Paid In Capital in Excess of Par Value, Common Stock 45,000 b. 180,000 Organization Expenses Common Stock, $25 Par Value Paid In Capital in Excess of Par Value, Common Stock 127,000 53,000 C. 43,000 18,000 82,500 Cash Accounts Receivable Building Notes Payable Common Stock, $25 Par Value Paid In Capital in Excess of Par Value, Common Stock 59,708 53,800 30,000 d. 146,000 Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 79,000 67,800 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the aniount of minimum legal capital (based on par value) at year end? 4. What is the total paid in capital at year-end? 5. What is the book value per share of the common stock at year end if total paid in capital plus retained earnings equals $796,000? Complete this question by entering your answers in the tabs below. Reg 2 to 4 Reg 5 How many shares of common stock are outstanding at year-end? What is the amount of minimum legal capital (based on par value) at year-end? What is the total paid-in capital at year-end? 2 3 4 Number of outstanding shares Minimum legal capital Total paid-in capital Req?10 Req5 > Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the amount of minimum legal capital (based on par value) at year end? 4. What is the total paid in capital at year-end? 5. What is the book value per share of the common stock at year end of total paid in capital plus retained eamings equals $796,000? Complete this question by entering your answers in the tabs below. Reg 2 to 4 Reg 5 What is the book value per share of the common stock at year and if total pald-in capital plus retained earnings equals $796,000? Book Value per common State Choone Denominator Choone Numerator Book Value per Common Shan Book value per common share

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