-
The following information pertains to JAE Corp. at January 1, Yeart Common stock, $12 par, 12,000 shares authorized, 2,480 shares issued and outstanding Paid-in capital in excess of par, common stock Retoined earnings $28,800 18,000 67,200 JAE Corp. completed the following transactions during Year 1: 1. Issued 700 shares of $12 par common stock for $28 per share. 2. Repurchased 240 shares of its own common stock for $25 per share. 3. Resold 50 shares of treasury stock for $26...
-
The following information pertains to JAE Corp. at January 1, Year 1: Corrmon stock, $8 par, 8,000 shares authorized, 1,600 shares issued and outstanding Paid-in capital in excess of par, corrmon stock Retained earnings $12,800 16,300 73,400 JAE Corp. completed the following transactions during Year 1: 1. Issued 1,000 shares of $8 par common stock for $29 per share. 2. Repurchased 220 shares of its own common stock for $26 per share. 3. Resold 50 shares of treasury stock for...
-
The following information pertains to JAE Corp. at January 1, 2018: Common stock, $10 par, 20,000 shares authorized, 2,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $20,000 15,000 82,000 JAE Corp. completed the following transactions during 2018: 1. Issued 3,000 shares of $10 par common stock for $25 per share. 2. Repurchased 500 shares of its own common stock for $26 per share. 3. Resold 200 shares of treasury stock for $30 per...
-
The following information pertains to JAE Corp. at January 1, 2018: Common stock, $9 par, 15,000 shares authorized, 3,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $27,000 15,800 51,100 JAE Corp. completed the following transactions during 2018: 1. Issued 900 shares of $9 par common stock for $30 per share. 2. Repurchased 160 shares of its own common stock for $27 per share. 3. Resold 50 shares of treasury stock for $28 per...
-
The following information pertains to JAE Corp. at January 1, 2018: Common stock, $ 9 par, 15,000 shares authorized, 3,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $ 27,000 15,800 51,100 JAE Corp. completed the following transactions during 2018: 1. Issued 900 shares of $9 par common stock for $30 per share 2. Repurchased 160 shares of its own common stock for $27 per share. 3. Resold 50 shares of treasury stock for...
-
The following information pertains to JAE Corp. at January 1, 2018: Common stock, $9 par, 15,000 shares authorized, 3,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $ 27,000 15,800 51,100 JAE Corp. completed the following transactions during 2018: 1. Issued 900 shares of $9 par common stock for $30 per share. 2. Repurchased 160 shares of its own common stock for $27 per share. 3. Resold 50 shares of treasury stock for $28...
-
The following information pertains to JAE Corp. at January 1, Year 1 Common stock, $9 par, 11,000 shares authorized, 2,280 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $19,800 15,900 58,800 JAE Corp. completed the following transactions during Year 1: 1. Issued 800 shares of $9 par common stock for $30 per share. 2. Repurchased 180 shares of its own common stock for $27 per share. 3. Resold 50 shares of treasury stock for...
-
The following information pertains to JAE Corp. at January 1,
2018:
Common stock, $8 par, 10,000 shares authorized, 2,000 shares
issued and outstanding
$
16,000
Paid-in capital in excess of par, common stock
13,200
Retained earnings
60,800
JAE Corp. completed the following transactions during 2018:
Issued 850 shares of $8 par common stock for $27 per
share.
Repurchased 250 shares of its own common stock for $24 per
share.
Resold 50 shares of treasury stock for $25 per share.
Required:...
-
The following information pertains to JAE Corp. at January 1, $33,000 14,500 Common stock, $11 par, 15,e00 shares authorized, 3,e00 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings 51,700 JAE Corp. completed the following transactions during 2018: 1. Issued 1,050 shares of $11 par common stock for $28 per share. 2. Repurchased 170 shares of its own common stock for $25 per share. 3. Resold 50 shares of treasury stock for $26 per share....
-
The following information pertains to JAE Corp. at January 1, Year 1: Common stock, $8 par, 13,000 shares authorized, 2,600 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $ 20,800 12,900 68, 100 JAE Corp. completed the following transactions during Year 1: 1. Issued 800 shares of $8 par common stock for $26 per share. 2. Repurchased 230 shares of its own common stock for $23 per share. 3. Resold 50 shares of treasury...
The following information pertains to JAE Corp. at January 1, Yeart Common stock, $12 par, 12,000 shares authorized, 2,480 shares issued and outstanding Paid-in capital in excess of par, common stock Retoined earnings $28,800 18,000 67,200 JAE Corp. completed the following transactions during Year 1: 1. Issued 700 shares of $12 par common stock for $28 per share. 2. Repurchased 240 shares of its own common stock for $25 per share. 3. Resold 50 shares of treasury stock for $26...
The following information pertains to JAE Corp. at January 1, Year 1: Corrmon stock, $8 par, 8,000 shares authorized, 1,600 shares issued and outstanding Paid-in capital in excess of par, corrmon stock Retained earnings $12,800 16,300 73,400 JAE Corp. completed the following transactions during Year 1: 1. Issued 1,000 shares of $8 par common stock for $29 per share. 2. Repurchased 220 shares of its own common stock for $26 per share. 3. Resold 50 shares of treasury stock for...
The following information pertains to JAE Corp. at January 1, 2018: Common stock, $10 par, 20,000 shares authorized, 2,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $20,000 15,000 82,000 JAE Corp. completed the following transactions during 2018: 1. Issued 3,000 shares of $10 par common stock for $25 per share. 2. Repurchased 500 shares of its own common stock for $26 per share. 3. Resold 200 shares of treasury stock for $30 per...
The following information pertains to JAE Corp. at January 1, 2018: Common stock, $9 par, 15,000 shares authorized, 3,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $27,000 15,800 51,100 JAE Corp. completed the following transactions during 2018: 1. Issued 900 shares of $9 par common stock for $30 per share. 2. Repurchased 160 shares of its own common stock for $27 per share. 3. Resold 50 shares of treasury stock for $28 per...
The following information pertains to JAE Corp. at January 1, 2018: Common stock, $ 9 par, 15,000 shares authorized, 3,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $ 27,000 15,800 51,100 JAE Corp. completed the following transactions during 2018: 1. Issued 900 shares of $9 par common stock for $30 per share 2. Repurchased 160 shares of its own common stock for $27 per share. 3. Resold 50 shares of treasury stock for...
The following information pertains to JAE Corp. at January 1, 2018: Common stock, $9 par, 15,000 shares authorized, 3,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $ 27,000 15,800 51,100 JAE Corp. completed the following transactions during 2018: 1. Issued 900 shares of $9 par common stock for $30 per share. 2. Repurchased 160 shares of its own common stock for $27 per share. 3. Resold 50 shares of treasury stock for $28...
The following information pertains to JAE Corp. at January 1, Year 1 Common stock, $9 par, 11,000 shares authorized, 2,280 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $19,800 15,900 58,800 JAE Corp. completed the following transactions during Year 1: 1. Issued 800 shares of $9 par common stock for $30 per share. 2. Repurchased 180 shares of its own common stock for $27 per share. 3. Resold 50 shares of treasury stock for...
The following information pertains to JAE Corp. at January 1,
2018:
Common stock, $8 par, 10,000 shares authorized, 2,000 shares
issued and outstanding
$
16,000
Paid-in capital in excess of par, common stock
13,200
Retained earnings
60,800
JAE Corp. completed the following transactions during 2018:
Issued 850 shares of $8 par common stock for $27 per
share.
Repurchased 250 shares of its own common stock for $24 per
share.
Resold 50 shares of treasury stock for $25 per share.
Required:...
The following information pertains to JAE Corp. at January 1, $33,000 14,500 Common stock, $11 par, 15,e00 shares authorized, 3,e00 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings 51,700 JAE Corp. completed the following transactions during 2018: 1. Issued 1,050 shares of $11 par common stock for $28 per share. 2. Repurchased 170 shares of its own common stock for $25 per share. 3. Resold 50 shares of treasury stock for $26 per share....
The following information pertains to JAE Corp. at January 1, Year 1: Common stock, $8 par, 13,000 shares authorized, 2,600 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $ 20,800 12,900 68, 100 JAE Corp. completed the following transactions during Year 1: 1. Issued 800 shares of $8 par common stock for $26 per share. 2. Repurchased 230 shares of its own common stock for $23 per share. 3. Resold 50 shares of treasury...