FINE AN VERSES DE THE WESTINENS My coulses oucklink Question 16 Not yet answered Marked out of 1.00 P Bag question In 2021 the first year of business, Banton Company had the following transactions: Time left 0:36:26 Issued 30,000 shares of common stock. Stock had par value of $1.00 per share and was issued at $14.00 per share. Issued 1,000 shares of $100 par value preferred stock. Shares were issued at par. Earned net income of $35,000. Paid no dividends. At the end of 2021, what is the total amount of Paid in capital? • а. $380,000 b. $520,000 • с. $420,000 • d. $415,000 Clear my choice Quiz Finisl

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter20: Corporations: Organization And Capital Stock
Section: Chapter Questions
Problem 1MP: Stockholders equity accounts and other related accounts of Gonzales Company as of January 1, 20--,...
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FINE AN VERSES DE THE WESTINENS My coulses oucklink Question 16 Not yet answered Marked out of 1.00 P Bag question In 2021 the first year of business, Banton Company had the following transactions: Time left 0:36:26 Issued 30,000 shares of common stock. Stock had par value of $1.00 per share and was issued at $14.00 per share. Issued 1,000 shares of $100 par value preferred stock. Shares were issued at par. Earned net income of $35,000. Paid no dividends. At the end of 2021, what is the total amount of Paid in capital? • а. $380,000 b. $520,000 • с. $420,000 • d. $415,000 Clear my choice Quiz Finisl
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