7 rint Mc Graw Hill Problems 1 Saved The following information pertains to JAE Corp. at January 1, Year 2: Common stock, $10 par, 14,000 shares authorized, 2,800 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings JAE Corp. completed the following transactions during Year 2: 1. Issued 950 shares of $10 par common stock for $25 per share. 2. Repurchased 220 shares of its own common stock for $22 per share. 3. Resold 50 shares of treasury stock for $23 per share. Required a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation. d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Complete this question by entering your answers in the tabs below. Req A and B Req C Req D $28,000 13,900 60,400 Organize the transactions data in accounts under the accounting equation. (Enter any decreases to arrunt halances with a minus clan.1 < Prev 4 of 5 Next >> 4 Required Print a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation. d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Mc Complete this question by entering your answers in the tabs below. Req A and B Req C Req D How many shares of common stock were outstanding and issued at the end of the period? a. Outstanding shares at the end of the period b. Issued shares at the end of the period 950 780 4 Print Required a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation. d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions. aw Complete this question by entering your answers in the tabs below. Req A and B Req C Req D Organize the transactions data in accounts under the accounting equation. (Enter any decreases to account balances wit JAE CORPORATION Accounting Equation for the Year 2 Assets Stockholders' Equity Event Cash Liabilities Common Stock Paid-in Capital In Excess Common Stock Paid-in Capital In Excess Treasury Stock 4 Retained Earnings Treasury Stock Beg. bal. 1. 2. 3. End. bal. 0 0 + Prev 0+ 4 of 5 + + + + 0 0+ 0 Next > 4 Required Print Mc a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation. d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Complete this question by entering your answers in the tabs below. Req A and B Req C Req Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Stockholders' Equity JAE CORPORATION Balance Sheet (Partial) As of December 31, Year 2 Total paid-in capital $ 0