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Cebedo Corp. Issued 100,000 ordinary shares. Of these, 5,000 were held as treasury stock at December 31, 2017. During 2018, transactions involving Cebedo's ordinary shares were as follows: |May 3 | Aug 6 Nov 18 A 2-for-1 share split took effect 1,000 shares of treasury were sold | 10,000 shares of previously unissued share were sold At December 31, 2018 , how many ordinary shares are issued and outstanding? Shares Issued A. 220,000 В. 220,000 С. 222.000 Shares Outstanding 212,000 216,000 214,000 218,000 D. 222,000

Cebedo Corp. Issued 100,000 ordinary shares. Of these, 5,000 were held as treasury stock at December 31, 2017. During 2018, transactions involving Cebedo's ordinary shares were as follows: |May 3 | Aug 6 Nov 18 A 2-for-1 share split took effect 1,000 shares of treasury were sold | 10,000 shares of previously unissued share were sold At December 31, 2018 , how many ordinary shares are issued and outstanding? Shares Issued A. 220,000 В. 220,000 С. 222.000 Shares Outstanding 212,000 216,000 214,000 218,000 D. 222,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Cebedo Corp. Issued 100,000 ordinary shares. Of these, 5,000 were held as treasury stock at December 31, 2017. During 2018, transactions involving Cebedo's ordinary shares were as follows: | May 3 Aug 6 Nov 18 A 2-for-1 share split took effect 1,000 shares of treasury were sold 10,000 shares of previously unissued share were sold At December 31, 2018 , how many ordinary shares are issued and outstanding? Shares Issued А. 220,000 В. 220,000 С. 222,000 Shares Outstanding 212,000 216,000 214,000 218,000 D. 222,000
Transcribed Image Text:Cebedo Corp. Issued 100,000 ordinary shares. Of these, 5,000 were held as treasury stock at December 31, 2017. During 2018, transactions involving Cebedo's ordinary shares were as follows: | May 3 Aug 6 Nov 18 A 2-for-1 share split took effect 1,000 shares of treasury were sold 10,000 shares of previously unissued share were sold At December 31, 2018 , how many ordinary shares are issued and outstanding? Shares Issued А. 220,000 В. 220,000 С. 222,000 Shares Outstanding 212,000 216,000 214,000 218,000 D. 222,000
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