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  1. business
  2. accounting
  3. shares of the stock for $12 per share. on may 2, t

shares of the stock for $12 per share. On May 2, the company issued an...

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Accounting

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shares of the stock for $12 per share. On May 2, the company issued an ndd sonal 18,000 shares for $20 per shate. S\$J lron was not allectod by othec events during Vear 1 Required a. Use a horvontal francial statemens modei to show how each event attects the babance sheet, income statement and statement of cash fows. More specificaly, fecord the amourts of the events into the model. Also, in the Stanement of Cosh Fows column, classity the cash flows as opecating activitios (OM), investing activities (PA), or financing actwities (FA) b. Determine the anount Ss jlroo would report for common steck on the December 31 , Wear 1 balance sheet. c Determine the amount Ss.J iron would repoet for pad in capial in excess of par. d. What is the lotal amentrt of capital coctributed by the owners? Cemplete this question by entering vour answers in the tabs below

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