How much did additional paid in capital increase?, Financial Accounting

Assignment Help:

GHH, Inc. has two classes of stock authorized: $100,000 par preferred and $1.00 par value common. As the begining of 20C, 200 shares of preffered stock and 300,000 shares of common stock have been issues.
(PLEASE SHOW WORK)!
When the shares were issued on March 1, how much did additional paid in capital increase?
MAR 1 Issue 10,000 additional shares of common stock for $21 per share

Related Discussions:- How much did additional paid in capital increase?

Define the 401 plan, Q. Define the 401 Plan? 401(k) Plan - EMPLOYEE BEN...

Q. Define the 401 Plan? 401(k) Plan - EMPLOYEE BENEFIT PLAN authorized by INTERNAL REVENUE CODE section 401(k), whereby an employer establishes an account for every participati

Currency-option bond, You have the following limited information upon which...

You have the following limited information upon which to base your decision as to which is the better of two alternative funding arrangements: Alternative 1 is to arrange fun

Short-term creditors, Short-term Creditors: Bankers and another short-ter...

Short-term Creditors: Bankers and another short-term creditor have an interest same to those of the debenture holders and equity shareholders who are interested in the profitabil

Fixed interest securities-accounts under trustee , Fixed Interest Securitie...

Fixed Interest Securities No advice in writing is required before an investment in fixed interest securities is made. Government Securities. Treasury Bills. Fixed

Stock splits stock dividends, Q. Stock dividends and stock splits have the ...

Q. Stock dividends and stock splits have the following effects on retained earnings: Stock Splits Stock Dividends a. Increase No change b. No change Decrease c. Decrease Decrease d

Break-even ebit, Break-Even EBIT: Rolston Corporation is comparing two ...

Break-Even EBIT: Rolston Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, Rolston would have 1

Illustration of consolidated cashflow statements, Illustration of consolida...

Illustration of consolidated cashflow statements The voice of the Nation Limited is a Nairobi based media company. Its Consolidated Income Statement for the year ended 30 April

Bankrupt person-bankruptcy and liquidation, Bankrupt person A bankrupt ...

Bankrupt person A bankrupt is a person against whom an adjudication order has been made by the court primarily on the grounds of his insolvency. Any person (other than a body c

Statute of limitations, Statute of Limitations - This sets out the period w...

Statute of Limitations - This sets out the period within that actions may be brought upon claims or within which rights may be enforced. As it concerns to tax returns, statute of l

A gift of residue-will-executorship law and accounts, A gift of residue ...

A gift of residue Where property is not given by a specific legacy nor by a general legacy, it makes up the residue of the testator's estate. If the testator fails to make a g

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages