Reference no: EM131013722
Alpha Corporation has the following Shareholders ½ Equity section of the Balance Sheet at 1/1/2004:
Preferred Stock, 10%, $100 Par Value, 10,000 shares authorized, 1,000 issued, and outstanding
$ 100,000 Additional Paid In Capital ½ Preferred Stock
240,000Common Stock, $10 Par Value, 100,000 shares authorized, 50,000 shares issued and outstanding
500,000Additional Paid In Capital ½ Common Stock
800,000Total Paid In Capital
$1,640,000 Retained Earnings
2,000,000 Total Shareholders ½ Equity $3,640,000
27. can you please let me know how you got the answer for ths question.
Increase PStk
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Increase APIC ? PStk
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Increase RE
|
|
a.
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200,000
|
0
|
0
|
b.
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150,000
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50,000
|
0
|
c.
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0
|
200,000
|
0
|
d.
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50,000
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150,000
|
0
|
e.
|
50,000
|
100,000
|
50,000
|
College sophomore majoring in business
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Cash amount receivables inventory total current assets
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Can you please let me know how you got the answer
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