Question 7

D Question ? 20 DTS Company P started business on January 1. 2019 During the first month, Company P completed the following transactions . Jesued 3000 share of STS par Preferred Stock for $24 per share . Issued 9,010 shares of $2 par Common Stock for 99 per share . Repurchased (bought back) 4.000 shares of the Common Stock as Treasury Stock for $6 per share . Reissued 1,000 shares of the Treasury Stock for $10 per share Stockholders Equity Amount Preferred Stock A Common Stock B Paid-In, Preferred Stock C Paid-In, Common Stock D Paid In, Treasury Stock E Treasury Stock FCommon Stock Paid In, Preferred Stock C Paid In, Common Stock D Paid In, Treasury Stock E Treasury Stock F Use the information above to determine the values A to F reported on the balance sheet at the end of the year A. What amount would Company P report as Preferred Stock? B. What amount would Company P report as Common Stock? C. What amount would Company P report as Paid-In, Preferred Stock? D. What amount would Company P report as Paid-in, Common Stock? E. What amount would Company P report as Paid-In, Treasury Stock? F. What amount would Company P report as Treasury Stock?D Question 7 20 p Company P started business on January 1, 2019. During the first month, Company P completed the following transactions . fasued 3,000 share of $15 par Preferred Stock for $24 per share . Issued 9,000 shares of $2 par Common Stock for $9 per share . Repurchased (bought back) 4,000 shares of the Common Stock as Treasury Stock for $6 per share . Reissued 1,000 shares of the Treasury Stock for $10 per share Stockholders' Equity Amount Preferred Stock A Common Stock B Paid-In, Preferred Stock C aid-In, Common Stock D m id-In, Treasury Stock F asury Stock