A company issued 1,000,000 shares of common stock. Of these 150,000 shares were held as treasury stock at December 31, 2002. During 2003, transactions involving A company's common stock were as follows: May 1 50,000 shares of treasury stock were sold. • 1 500,000 shares of previously unissued stock were sold • 1A 2-for-1 stock, split took effect At December 31, 2003, how many shares of A company common shares were issued?

A company issued 1,000,000 shares of common stock. Of these 150,000 shares were held as treasury stock at December 31, 2002. During 2003, transactions involving A company's common stock were as follows: May 1 50,000 shares of treasury stock were sold. • 1 500,000 shares of previously unissued stock were sold • 1A 2-for-1 stock, split took effect At December 31, 2003, how many shares of A company common shares were issued?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject: accounting
Please no plagiarism
Please answer A and B