Homework Answers
ANSWER:
| Particulars | First year | second year | third year |
|---|---|---|---|
| Common stock | $49000 | $49000 | $49000 + $24500 = $73500 |
| retained earnings | - $7900 | - $7900 + $15900 - 6900 = $1100 | $1100 + $12900 - $6900 = $7100 |
| Total stockholders equity | $41100 | $50100 | $80600 |
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incubus corporation began with an investment by shareholder of
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Puppet Corporation began with an investment by shareholders of $20,000. o. In its first year its...
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prepare the stockhilders equity section of the balance sheet
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please be clear Power Drive Corporation designs and produces a line of golf equipment and golf...
please be clear
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prepare the stockhilders equity section of the balance sheet
Power Drive Corporation designs and produces a line of golf equipment and golf apparel Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021. May March 1 Issues 48,000 additional shares of $1 par value common stock for $45 per share. 10 Purchases 4,300 shares of treasury stock for $48 per share. June 1 Declares...
please be clear
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