OrioleOrganics Corporation began business in 2021 by issuing 30200 shares of $3 par common stock...
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Accounting
OrioleOrganics Corporation began business in 2021 by issuing 30200 shares of $3 par common stock for $8 per share and 12700 shares of 6%, $10 par preferred stock for par. At year end, the common stock had a market value of $14. On its December 31, 2021 balance sheet, Oriole Packaging would report
Paid-In Capital of $422800.
Common Stock of $241600.
Common Stock of $90600.
Common Stock of $422800.
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