RKJ Company has provided the following information: 100,000 shares of $5 par value common stock are authorized 77,000 shares have been issued 72,000 shares are outstanding The 77,000 shares of issued common stock were issued for $11 per share. Which of the following statements is correct? Multiple Choice Common stock is reported at $385,000 on the balance sheet. Additional paid in capital is reported at $442,000 on the balance sheet. O Treasury stock is reported at $55,000 on the balance sheet. Common stock is reported at $847,000 on the balance sheet

Answer rating: 100% (QA)

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