Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. current attempt in progress the following items we

Current Attempt in Progress The following items were shown on the balance sheet of Oriole...

90.2K

Verified Solution

Question

Accounting

image

Current Attempt in Progress The following items were shown on the balance sheet of Oriole Company on December 31, 2020: $3,000,000 Stockholders' Equity Paid-In Capital Capital Stock Common stock, $5 par value, 770,000 shares authorized; shares issued and ____ outstanding Additional paid-in capital In excess of par value Total paid in capital Retained Earnings Total paid-in capital and retained earnings Less: Treasury stock (37,000 shares) Total stockholders' equity 192,000 3,192,000 590,000 3,782,000 296,000 $3,486,000 Complete the following statements. The number of shares of common stock issued was sha The number of shares of common stock outstanding was sha The total sales price of the common stock when issued was $ How much did the treasury stock cost per share? per $ $ What was the average issue price of the common stock? (Round to 2 decimal places, eg. 5.25) $ per

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students