Reference no: EM13149935
North Wind Aviation received its charter during January 2007. The charter authorized the following capital stock:
Preferred stock: 8 percent, par $10, authorized 20,000 shares.
Common stock: par $7, authorized 50,000 shares.
During 2007, the following transactions occurred in the order given:
a. Issued a total of 40,000 shares of the common stock to the company's founders for $11 per share.
b. Sold 5,000 shares of the preferred stock at $18 per share.
c. Sold 3,000 shares of the common stock at $14 per share and 1,000 shares of the preferred stock at $28.
d. Net income for the first year was $48,000.
Required:
Prepare the stockholders' equity section of the balance sheet at December 31, 2007.
|
Which of following clients is at most risk for osteoporosis
: Which of the following clients is at most risk for Osteoporosis?
|
|
What was the cost of goods sold for the month
: During August, the cost of goods manufactured was $73,000. The beginning finished goods inventory was $15,000 and the ending finished goods inventory was $21,000. What was the cost of goods sold for the month?
|
|
How the setting brings a character to life
: I am writing an analytical paper on how the setting brings a character to life. I am using two short stories: Hills Like white Elephants by Ernest Hemingway and Cask of Amontillado. My thesis statement is: "The settings in both stories intricately sy..
|
|
Define friendship
: There are several ways to define friendship. Everybody probably define friendship in many other ways. For example, friendship can be mean trustworthy, loyal, honesty, reliable and many more. Some people might define friendship as just a ditching frie..
|
|
Stockholders equity section of the balance-sheet
: Prepare the stockholders' equity section of the balance sheet at December 31, 2007.
|
|
Contemporary view of sex
: Im trying to find two aspects of the 1960's that have influenced the contemporary view of sex. I need two of them, since its just a three page essay.
|
|
How do media contribute to the enlightmen of individuals
: "How do media contribute to the enlightmen of individuals? THESIS STATEMENT:Internet considerably contributes to the enlightment of individuals in terms of academic and liberal education.
|
|
Running time analyses of all the methods
: You need to give the running time analyses of all the methods in terms of the Big O notation. Include your running time analyses in the source file of the CompressedSuffixTrie class and comment out them.
|
|
How do media contribute to deterioration of moral values
: I am trying to prepare an outline, My subject is" How do media contribute to the deterioration of moral values?" THESIS STATEMENT
|