User Account

All Pages

What the total paid-in capital

Assignment Help Financial Accounting
Reference no: EM132932097

Question - Vaughn Manufacturing has 100000 shares of $10 par common stock authorized. The following transactions took place during 2020, the first year of the corporation's existence:

Sold 19100 shares of common stock for $13.50 per share.

Issued 19400 shares of common stock in exchange for a patent valued at $291000.

At the end of the Vaughn's first year, what the total paid-in capital?

Reference no: EM132932097

Questions Cloud

Find the cost of this DTX preference share : 12.9% Preference share of the DTX-Ltd with an issue price of $6 is currently selling at $7.1 in the market. Find the cost of this DTX preference share
What is the ytm for watters umbrella corp : Watters Umbrella Corp. issued 15-year bonds 2 years ago. If these bonds currently sell for 90 percent of par value, what is the YTM?
What should be the charge for depreciation : On January 1, 2014, Marigold Corp. purchased equipment at a cost of $395000. What should be the charge for depreciation
Protecting the organization intellectual property : Explore and explain the organizational rules, regulations, and guidelines with regards to protecting the organization intellectual property (IP)
What the total paid-in capital : Issued 19400 shares of common stock in exchange for a patent valued at $291000. At the end of the Vaughn's first year, what the total paid-in capital
What are cost of goods manufactured and cost of goods sold : Change in finished goods inventory $345 increase. What are the cost of goods manufactured and cost of goods sold
What is productivity paradox : What is the productivity paradox? What does a collaborative information system do? What are the primary activities and support activities of the value chain?
Prepare the journal entry to record tanner-unf investment : Prepare the journal entry to record Tanner-UNF's investment in the bonds on July 1, 2021 and interest on December 31, 2021, at the effective (market) rate.
Which tax amount will the taxpayer realize : The taxpayer assumes the $80,000 mortgage on the building his is obtaining in the trade. Which tax amount will the taxpayer REALIZE as a result of the exchange?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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