How many shares were issued on september

Assignment Help Accounting Basics
Reference no: EM131721726

Question - Castalia Inc. issued shares of its $4.00 par value common stock on September 4, 2013, for $11.80 per share. The Additional Paid-In Capital-Common Stock account was credited for $741,000 in the journal entry to record this transaction.

How many shares were issued on September 4, 2013?

Reference no: EM131721726

Questions Cloud

Show the correct balance sheet entries to carry out the loan : Flagg will loan this surplus for two business days to Secoro Central City Bank, which is in need of additional reserves. Please show the correct balance sheet.
Explain the general purposes of the management report : Management reports have been a prominent topic the past few years. Explain general purposes of management report included in the annual report to shareholders.
Compose a final list detailing all of your specific hardware : Compose a final list detailing all of your specific hardware recommendations for your client
Show the proper entries for granting the loan : Relgade National Bank secures primary credit from the Federal Reserve Bank of San Francisco in the amount of $32 million for a term of seven days.
How many shares were issued on september : Castalia Inc. issued shares of its $4.00 par value common stock on September 4, 2013, for $11.80 per share. How many shares were issued on September 4, 2013
How much in interest will the bank have to pay : Jason Corpciration purchases a 45-day negotiable CD with a $5 million denomination from Payson Bank and Trust, bearing a 5.25 percent annual yield.
How much will the bank pay in interest cost : Happy Valley Bank borrows $125 million overnight through a repurchase agreement (R2) collateralized by Treasury bills.
Describe what contribution margin means : Continuing the scenario from the Module 3 discussion: Describe what contribution margin means and how you would calculate it for your division.
What are major characteristics of common and preferred stock : What are some of the major characteristics of common and preferred stock? Find a preferred stock that has been issued and share it with the class

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the required return using capm

If the expected value of the size factor is 4% and the expected value of the book-to-market factor is 5%, then what is the required return using the Fama-French three-factor model? (Assume that ai=0.0.) What is the required return using CAPM?

  Preparing a segmented income statement

Prepare a segmented income statement in the contribution format for last month,showing both "amount and percent" columns for the division as a whole and for each product.

  Determine the dividend yield for microsoft on december

Determine the dividend yield for Microsoft on December 31, 2008, and 2009, (Round percentages to two decimal places.)

  Journalize the transactions using the periodic system

Journalize the transactions using the periodic system - Prepare the journal entries to record the five transactions.

  How an activity-based cost system can be used

Explain the general process of how an activity-based cost (ABC) system can be used to manage organizational spending on resource capacity.

  The firm is considering switching to a 47 percent debt

gtb inc. has a 33 percent tax rate and has 90 million in assets currently financed entirely with equity. equity is

  Using the following data from the comparative balance sheet

using the following data from the comparative balance sheet of rodenbeck company illustrate vertical analysis. december

  What is the total cost of producing fiberglass canoes

The controller for Truman Canoes has gathered the following cost and activity level information: What is the total cost of producing 2,000 fiberglass canoes

  Prepare a statement of cash flows for 2012 using the

muldur corporations comparative balance sheets are presented below.muldur corporationcomparative balance sheetsdecember

  What are the main objectives of ratio analysis

What are the main objectives of ratio analysis and why is this important to external users of the financial statements, such as investors? Who else might find these ratios useful and why?

  Work in process inventory

All of the following would be entries in assigning accumulated costs to the Work In Process Inventory except:

  Prepare journal entries for each transaction

Robert Kapela owned and managed a franchise of Ithaca Espresso, Incorporated. Prepare journal entries for each transaction

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd