Which of the following actions could increase the balance in the Paid-In Capital in Excess of ParCommon account?

Select one:

A. cash dividend declared

B. purchase of treasury stock

C. stock split

D. 10% stock dividend declared

Intangible assets ________.

Select one:

A. are always expensed through amortization

B. do not include goodwill

C. always have a definite life

D. are recorded at cost when purchased externally

Preferred stockholders ________.

Select one:

A. are guaranteed that they will not have a loss on their investment

B. are guaranteed to receive an annual dividend payment

C. receive a dividend preference over common stockholders

D. receive a set percentage of corporation net income

Pumpkin Corporation issued 10,000 shares of common stock on January 1, 2018. The stock has no par value and was issued at $17 per share. The journal entry for this transaction includes a ________.

Select one:

A. debit to Cash for $170,000 and a credit to Paid-In Capital in Excess of ParCommon for $170,000

B. debit to Cash for $170,000 and a credit to Common StockNo-Par Value for $170,000

C. credit to Cash for $170,000, a debit to Paid-In Capital in Excess of ParCommon for $10,000, and a debit to Common StockNo-Par Value for $160,000

D. credit to Cash for $170,000 and a debit to Common StockNo-Par Value for $170,000

The following information is from the December 31, 2018 balance sheet of May Corporation.

Preferred Stock, $100 par	$390,000
Paid-In Capital in Excess of ParPreferred	25,000
Common Stock, $1 par	152,000
Paid-In Capital in Excess of ParCommon	346,000
Retained Earnings	83,900
Total Stockholders' Equity	$996,900

What was the total paid-in capital as of December 31, 2018?

Select one:

A. $888,000

B. $913,000

C. $736,000

D. $996,900

On June 30, 2018, Ginger, Inc. showed the following data on the equity section of their balance sheet:

Stockholders' Equity
Common Stock, $1 par; 202,000 shares authorized, 150,000 shares issued and outstanding	$150,000
Paid-In Capital in Excess of ParCommon	$260,000
Retained Earnings	946,000
Total Stockholders' Equity	$1,356,000

On July 1, 2018, the company declared and distributed a 9% stock dividend. The market value of the stock at that time was $20 per share. Following this transaction, what is the balance of Common Stock?

Select one:

A. $285,540

B. $57,180

C. $357,180

D. $163,500