Kinkaid Company Was Incorporated At The Beginning Of This Year And Had A Number Of Transactions The Following Journal E 1 (52.25 KiB) Viewed 32 times
Kinkaid Company Was Incorporated At The Beginning Of This Year And Had A Number Of Transactions The Following Journal E 2 (52.25 KiB) Viewed 32 times
Kinkaid Company was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations Transaction Credit Debit Ble,000 25.000 60,000 b. 180.000 125.000 55.000 General Journal Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Valve Comson stock Organization Expenses Common Stock, $25 Par Value Paid-in Capital in excess of Par Values Common Stock Cash Accounts Receivable Building Notes Payable Common Stock, $25 Par Value Paid In Capital in Excess of Par Value, Common Stock Cash Connon Stock, $25 Par Value Paid-In Capital in Excess of Par Valve Common Stock 1200 59,800 54,400 30,000 191.000 d. 75.000 56.00 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? 2. Number of outstanding shares 3. Total pald-in capital
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