The following items were shown on the balance sheet of ELO Corporation on December 31, 2021:...

 

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The following items were shown on the balance sheet of ELO Corporation on December 31, 2021: Stockholders' equity Paid-in capital Capital stock Common stock, $5 par value, 800,000 shares authorized; shares issued and Additional paid-in capital In excess of par.... Total paid-in capital.. Retained earnings.... Total paid-in capital and retained earnings. Less: Treasury stock (6,000 shares) Total stockholders' equity Instructions Complete the following statements and show your computations. (a) The number of shares of common stock issued was outstanding. (b) The number of shares of common stock outstanding was (c) The total sales price of the common stock when issued was $ (d) The cost per share of the treasury stock was $ (e) The average issue price of the common stock was $ $2,900,000 1,160,000 4,060,000 1,750,000 5,810,000 36,000 $5,846.000 (f) Assuming that 20% of the treasury stock is sold at $8 per share, the balance in the Treasury Stock account would be $_ The following items were shown on the balance sheet of ELO Corporation on December 31, 2021: Stockholders' equity Paid-in capital Capital stock Common stock, $5 par value, 800,000 shares authorized; shares issued and Additional paid-in capital In excess of par.... Total paid-in capital.. Retained earnings.... Total paid-in capital and retained earnings. Less: Treasury stock (6,000 shares) Total stockholders' equity Instructions Complete the following statements and show your computations. (a) The number of shares of common stock issued was outstanding. (b) The number of shares of common stock outstanding was (c) The total sales price of the common stock when issued was $ (d) The cost per share of the treasury stock was $ (e) The average issue price of the common stock was $ $2,900,000 1,160,000 4,060,000 1,750,000 5,810,000 36,000 $5,846.000 (f) Assuming that 20% of the treasury stock is sold at $8 per share, the balance in the Treasury Stock account would be $_ The following items were shown on the balance sheet of ELO Corporation on December 31, 2021: Stockholders' equity Paid-in capital Capital stock Common stock, $5 par value, 800,000 shares authorized; shares issued and Additional paid-in capital In excess of par.... Total paid-in capital.. Retained earnings.... Total paid-in capital and retained earnings. Less: Treasury stock (6,000 shares) Total stockholders' equity Instructions Complete the following statements and show your computations. (a) The number of shares of common stock issued was outstanding. (b) The number of shares of common stock outstanding was (c) The total sales price of the common stock when issued was $ (d) The cost per share of the treasury stock was $ (e) The average issue price of the common stock was $ $2,900,000 1,160,000 4,060,000 1,750,000 5,810,000 36,000 $5,846.000 (f) Assuming that 20% of the treasury stock is sold at $8 per share, the balance in the Treasury Stock account would be $_ The following items were shown on the balance sheet of ELO Corporation on December 31, 2021: Stockholders' equity Paid-in capital Capital stock Common stock, $5 par value, 800,000 shares authorized; shares issued and Additional paid-in capital In excess of par.... Total paid-in capital.. Retained earnings.... Total paid-in capital and retained earnings. Less: Treasury stock (6,000 shares) Total stockholders' equity Instructions Complete the following statements and show your computations. (a) The number of shares of common stock issued was outstanding. (b) The number of shares of common stock outstanding was (c) The total sales price of the common stock when issued was $ (d) The cost per share of the treasury stock was $ (e) The average issue price of the common stock was $ $2,900,000 1,160,000 4,060,000 1,750,000 5,810,000 36,000 $5,846.000 (f) Assuming that 20% of the treasury stock is sold at $8 per share, the balance in the Treasury Stock account would be $_

Answer rating: 100% (QA)

Requirements asked A Common Stock value 2900000 B Par Value per ... View the full answer