Cash $175,000 $50,000 $125,000 Common stock Paid-up capital exceeds the stipulated Value Cash $12,000 Common stock $10,000 $2,000 Paid-up capital exceeds the stipulated Value Cash $450,000 Common stock Paid-in Capital Exceeds Appraised Value $100,000

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter14: Distributions To Shareholders: Dividends And Repurchases
Section: Chapter Questions
Problem 2STP
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Prepare the Equity Share on the balance sheet as of December 31, 2014

Cash
$175,000
Common stock
$50,000
$125,000
Paid-up capital exceeds the
stipulated Value
Cash
$12,000
$10,000
$2,000
Common stock
Paid-up capital exceeds the
stipulated Value
Cash
$450,000
Common stock
$100,000
Paid-in Capital Exceeds
Appraised Value
Transcribed Image Text:Cash $175,000 Common stock $50,000 $125,000 Paid-up capital exceeds the stipulated Value Cash $12,000 $10,000 $2,000 Common stock Paid-up capital exceeds the stipulated Value Cash $450,000 Common stock $100,000 Paid-in Capital Exceeds Appraised Value
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