Use the following to answer questions 612 R, Inc., has two classes of stock authorized:...
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Accounting
Use the following to answer questions 612 R, Inc., has two classes of stock authorized: $100.00 par preferred and $0.05 par value common. As of the beginning of 20C,25,000 shares of preferred stock and 600,000 shares of common stock have been issued, Record the following transactions to complete the Statement of Stockholders' Equity: 8. $ On August 1It when the shares were repurchased, how much did stockholders' equity decrease? 9. $ On August 1x when the shares were repurchased, how much did net income decrease? 10. \$ On October 1tr when the shares of treasury stock were sold, how much did additional paid in capital change (if decrease put "- in front of the number)? 11. $ Compute ending retained earnings on December 31 12. Compute ending stockholders equity on December 31


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