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Use the following to answer questions 23-26 The company was organized on January 3, 20XE. The firm was authorized to issue 1,000,000,000 shares of $1.00
Use the following to answer questions 23-26 The company was organized on January 3, 20XE. The firm was authorized to issue 1,000,000,000 shares of $1.00 par common stock. During 20XE, the company had the following transactions relating to shareholders' equity: Issued common stock (January) Issued common stock (July) Outstanding shares Dividends declared Treasury stock Net income for the year 23. S 24. S 25. S 26. $ D Per share $15.00 $18.00 $0.50 $17.00 Shares 500,000 200,000 685,000 What is total Paid-in capital at the end of 20XE? What is the additional paid-in capital at the end of 20XE? What is total retained earnings at the end of 20XE? What is total stockholders' equity at the end of 20XE? Total $500,000 Page 10-3 Use the following to answer questions 2326 The company was organized on January 3,20XE. The firm was authorized to issue 1,000,000,000 shares of 51.00 par common stock. During 20XE, the company had the following transactions relating to shareholders' equity: 23. 5 What is total Paid-in capital at the end of 20XE? 24.5 What is the additional paid-In capital at the end of 2OXE? 25. 5 What is total retained earnings at the end of 20XE? 26. 5 What is total stockholders' equity at the end of 20XE
Use the following to answer questions 23-26 The company was organized on January 3, 20XE. The firm was authorized to issue 1,000,000,000 shares of $1.00 par common stock. During 20XE, the company had the following transactions relating to shareholders' equity: Issued common stock (January) Issued common stock (July) Outstanding shares Dividends declared Treasury stock Net income for the year 23. S 24. S 25. S 26. $ D Per share $15.00 $18.00 $0.50 $17.00 Shares 500,000 200,000 685,000 What is total Paid-in capital at the end of 20XE? What is the additional paid-in capital at the end of 20XE? What is total retained earnings at the end of 20XE? What is total stockholders' equity at the end of 20XE? Total $500,000 Page 10-3
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