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Granville Corporation was organized on January 3, 2021. The firm was authorized to issue 89,000 shares of $5 par common
Posted: Sun Jul 03, 2022 1:13 pm
by answerhappygod
- Granville Corporation Was Organized On January 3 2021 The Firm Was Authorized To Issue 89 000 Shares Of 5 Par Common 1 (27.32 KiB) Viewed 11 times
Granville Corporation was organized on January 3, 2021. The firm was authorized to issue 89,000 shares of $5 par common stock. During 2021, Granville had the following transactions relating to shareholders' equity: Issued 38,000 shares of common stock at $6.20 per share. Issued 21,000 shares of common stock at $8.40 per share. Reported net income of $104,000. Paid dividends of $43,000. What is total paid-in capital at the end of 2021? Multiple Choice O $412,000 $369,000 $414,500 $516,000 D