Question: I need help with the ones in RED. Please help ASAP and do not expire this question again Ayayai Corp. has issued 98,000 shares of

 I need help with the ones in RED. Please help ASAPand do not expire this question again Ayayai Corp. has issued 98,000

I need help with the ones in RED. Please help ASAP and do not expire this question again

Ayayai Corp. has issued 98,000 shares of $6 par value common stock. It was authorized 503,000 shares. The paid-in capital in excess of par value on the common stock is $269,000. The corporation has reacquired 6,200 shares at a cost of $55,000 and is currently holding those shares. It also had accumulated other comprehensive income of $64,000. The corporation also has 1,600 shares issued and outstanding of 9%,$104 par value preferred stock. It was authorized 10,200 shares. The paid-in capital in excess of par value on the preferred stock is $24,800. Retained earnings is $373,000. Prepare the stockholders' equity section of the balance sheet. (Enter account name only and do not provide descriptive information.) Question 9 of 11 0.36/0.5 Additional Paid-in Capital Paid-in Capital in Excess of Par-Preferred Stock 24800 Paid-in Capital in Excess of Par-Common Stock 269000 Total Additional Paid-in Capital Total Paid-in Capital \begin{tabular}{r|} \hline181700 \\ \hline\( \longdiv { 1 8 1 8 0 0 } \) \\ \hline \end{tabular} Retained Earnings Total Paid-in Capital and Retained Earnings \( \frac{373000}{\hline} \) Accumulated Other Comprehensive Income Less : Treasury Stock Total Stockholders' Equity

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!