The stockholders' equity on the Balance Sheet section of ABC Company on December 31, 2011 is...

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The stockholders' equity on the Balance Sheet section of ABC Company on December 31, 2011 is as follows: Common stock 25,000 P20 per value stock issued Paid In Capital in excess of Par Retained Earnings Total Stockholders' Equity The following transactions took place in 2012: 1. Issue 10,000 P20 par common stock at P28 2.2 for 1 stock spit 3. Declare and distributed 50% stock dividend when market price is P14 per share 4. Declare and pay P2 per share cash dividend 4. 5. Declare and distributed 10% stock dividend when market price is P12 per share Your answer 500,000 650,000 820,000 1,970,000 Your answer Compute for the ending balance of Paid in capital in excess of par Compute for the ending balance of Common stock The stockholders' equity on the Balance Sheet section of ABC Company on December 31, 2011 is as follows: Common stock 25,000 P20 per value stock issued Paid In Capital in excess of Par Retained Earnings Total Stockholders' Equity The following transactions took place in 2012: 1. Issue 10,000 P20 par common stock at P28 2.2 for 1 stock spit 3. Declare and distributed 50% stock dividend when market price is P14 per share 4. Declare and pay P2 per share cash dividend 4. 5. Declare and distributed 10% stock dividend when market price is P12 per share Your answer 500,000 650,000 820,000 1,970,000 Your answer Compute for the ending balance of Paid in capital in excess of par Compute for the ending balance of Common stock

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Compute the ending balance of Paidin Capital in Excess of Par and Common Stock lets analyze the transactions that took place in 2012 Given Common stoc... View the full answer