Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please fill in the chart based on the information

please fill in the chart based on the information given. ...

60.1K

Verified Solution

Question

Accounting

imageplease fill in the chart based on the information given.
image
image
image
Year Ended December 31, 2018 Additional Total Common Stock $ 720.000 $ Balance, December 31, 2017 Sale of treasury stock paid-in Retained Treasury stockholders capital earnings stock equity 145,000 $ 690,000 $ (75.000) $ 1.479,100 4,200 23,100 27300 10,800 18.000 7,200 Issuance of common stock Common stock, $4 par, 450,000 shares authorized, 115,000 shares issued $ 460,000 170,000 Additional paid-in capital-common Total paid-in capital $ 630,000 670,000 Retained earnings Subtotal $ 1,300,000 (57,500) Less: Treasury stock, 2.300 shares at cost $ 1,242,500 Total stockholders' equity Year Ended December 31, 2018 Additional Total Common Stock $ 720.000 $ Balance, December 31, 2017 Sale of treasury stock paid-in Retained Treasury stockholders capital earnings stock equity 145,000 $ 690,000 $ (75.000) $ 1.479,100 4,200 23,100 27300 10,800 18.000 7,200 Issuance of common stock Common stock, $4 par, 450,000 shares authorized, 115,000 shares issued $ 460,000 170,000 Additional paid-in capital-common Total paid-in capital $ 630,000 670,000 Retained earnings Subtotal $ 1,300,000 (57,500) Less: Treasury stock, 2.300 shares at cost $ 1,242,500 Total stockholders' equity

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