During 2021 if Anya Corporation has issued common stock equal to 30% ofthe outstanding common stock at a price of 120% of the par value, the number of shares issued and outstanding would be________ and the total paid-in capital would be $_________ Balance Sheet (partial)At December 31, 2020Paid-in CapitalCommon Stock, $9 par value, 3,000,000 shares authorized,$10,530,000shares issued, and shares outstandingAdditional Paid-in Capital in Excess of Par$4,680,000Total Paid-in Capital$15,210,000Retained Earnings$11,380,000Total Shareholders' Equity$26,590,000

Common stock represents the capital contributed by owners of a company. Common stock holders possess…

During 2021 if Anya Corporation has issued common stock equal to 30% of the outstanding common stock at a price of 120% of the par value, the number of shares issued and outstanding would be________ and the total paid-in capital would be $_________

During 2021 if Anya Corporation has issued common stock equal to 30% of the outstanding common stock at a price of 120% of the par value, the number of shares issued and outstanding would be and the total paid-in capital would be $_

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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