Question: 4 Part 2 Required information PA11-1 Analyzing Accounting Equation Effects, Recording Journal Entries, and preparing a Partial Balance Sheet Involving Stock Issuance and Purchase Transactions

4 Part 2 Required information PA11-1 Analyzing Accounting Equation Effects, Recording Journal Entries, and preparing a Partial Balance Sheet Involving Stock Issuance and Purchase Transactions (LO 11-21 The flowing information applies to the questions displayed bew) Global Marine obtained a charter from the state in any that authored 1,000,000s of common stock 55 pm value. During the first year, the company earned $500.000 of net income, declared no dividends, and the following Selected transactions occurred in the order oven 6 assued 110.000 shares of the common stock $65 cash per har Recured 35.000 shares at 560 cash por share Reissued 15.000 shares from breasury for $61 per share Reissued 15.000 shares from trotury for $50 per share PA11-1 Part 3 3. Prepare the stockholders' equity section of the balance sheet at ecet Amounts to be deducted should be indicated by minus sign GLOBAL MARE AD Stockholders 2012 PA11-1 Part 3 5 points 3. Prepare the stockholders' equity section of the balance sheet at December 31. (Amounts to be deducted should be indicated by a minus sign) GLOBAL MARINE Balance Shest Partial At December 31 Stockholders' Equity Print Contributed Capital Herence Total Contributed Capital Total Total Stockholders' Equity 4 Part 2 Required information PA11-1 Analyzing Accounting Equation Effects, Recording Journal Entries, and preparing a Partial Balance Sheet Involving Stock Issuance and Purchase Transactions (LO 11-21 The flowing information applies to the questions displayed bew) Global Marine obtained a charter from the state in any that authored 1,000,000s of common stock 55 pm value. During the first year, the company earned $500.000 of net income, declared no dividends, and the following Selected transactions occurred in the order oven 6 assued 110.000 shares of the common stock $65 cash per har Recured 35.000 shares at 560 cash por share Reissued 15.000 shares from breasury for $61 per share Reissued 15.000 shares from trotury for $50 per share PA11-1 Part 3 3. Prepare the stockholders' equity section of the balance sheet at ecet Amounts to be deducted should be indicated by minus sign GLOBAL MARE AD Stockholders 2012 PA11-1 Part 3 5 points 3. Prepare the stockholders' equity section of the balance sheet at December 31. (Amounts to be deducted should be indicated by a minus sign) GLOBAL MARINE Balance Shest Partial At December 31 Stockholders' Equity Print Contributed Capital Herence Total Contributed Capital Total Total Stockholders' Equity
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