Question: just need help on the multiple choice questions On April 10, Maranda Corporation issued for cash 11,000 shares of no-par common stock at $25. On

 just need help on the multiple choice questions On April 10,

Maranda Corporation issued for cash 11,000 shares of no-par common stock at

$25. On May 5, Maranda issued at par 1,000 shares of 4%,

$50 par preferred stock for cash. On May 25, Maranda issued for

cash 15,000 shares of 4%, $50 par preferred stock at $55. Journalize

just need help on the multiple choice questions

On April 10, Maranda Corporation issued for cash 11,000 shares of no-par common stock at $25. On May 5, Maranda issued at par 1,000 shares of 4%, $50 par preferred stock for cash. On May 25, Maranda issued for cash 15,000 shares of 4%, $50 par preferred stock at $55. Journalize the entries to record the April 10, May 5, and May 25 transactions. April 10 May 5 Question 1 N From the group exercise, what is the balance of the Preferred Stock account on May 25? O $50,000 O $275,000 0 $750,000 $800,000 Question 2 2 From the group exercise, what is balance of the Paid-in-Capital in Excess of Par account on May 25? O $0 O $75,000 $750,000 $825.000 Question 3 2 pt The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 40,000 shares were originally issued and 10,000 were subsequently reacquired. What is the number of shares outstanding? O $10.000 O $40,000 0 $30,000 $50,000 Question 4 2 pts The state charter allows a corporation to issue only a certain number of shares of each class of stock. This amount of stock is called o treasury stock O issued stock O outstanding stock O authorized stock

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