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Use the following to answer questions 23 - 26 TR Corporation was organized on January 3, 20XE. The firm was authorized to issue 100,000,000 shares
Use the following to answer questions 23 - 26 TR Corporation was organized on January 3, 20XE. The firm was authorized to issue 100,000,000 shares of $0.05 par common stock. During 20XE, the company had the following transactions relating to shareholders' equity: Per share $10.00 $11.25 Shares 400,000 200,000 585,000 Issued common stock (January) Issued common stock (July) Outstanding shares Dividends declared Treasury stock Net income for the year $0.30 $15.00 $400,000 23. $ What is the total Paid-in capital at the end of 20XE? 24.$_ What is additional paid-in capital (APIC) at the end of 20XE? Chapter 10 Page 10-3 25. $ What is total retained earnings at the end of 20XE? 26. $ __ What What is total stockholders' equity at the end of 20XE? Use the following to answer questions 23 - 26 TR Corporation was organized on January 3, 20XE. The firm was authorized to issue 100,000,000 shares of $0 common stock. During 20XE, the company had the following transactions relating to shareholders' equity: Total Per share $10.00 $11.25 Shares 400,000 200,000 585,000 Issued common stock (January) Issued common stock (July) Outstanding shares Dividends declared Treasury stock Net income for the year $0.30 $15.00 $400,000 23. $ What is the total Paid-in capital at the end of 20XE? 24. $ _What is additional paid-in capital (APIC) at the end of 20XE? Chapter 10 Page 25. $. What is total retained earnings at the end of 20XE? 26. $ What is total stockholders' equity at the end of 20XE
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