On January 1, 2020, Addy Company had 110,000 shares issued and 100,000 shares outstanding. The entity had the following transactions in 2020:      March 1 - Issued 15,000 shares.      June 1    - Resold 2,500 shares of treasury.      September 1   Completed a 2-for-1 share split.     What is the number of shares outstanding on December 31, 2020

Q: Bernabe Company reported the following equity accounts in January 1, 2020: Share Capital, P20 par…

A: Formula: Share premium = Beginning share premium - Shares reacquired value

Q: On January 1, 2024, Martinez Enterprises Inc. had 61,000 common shares, recorded at $366,000. The…

A: Stockholder's Equity: Equity held by investors is the amount of assets that remain in a company…

Q: On January 1, 2020, FAB Co. had 100,000 ordinary shares outstanding. During 2020, the following…

A: On 01.01.2020, FAB Co. had outstanding shares = 100000 During 2020, On March 1, Company had split 2…

Q: Princess company began operations on January 1, 2020 by issuing at 15 per share one-half of the…

A: given   Princess company began operations on January 1, 2020 by issuing at 15 per share one-half of…

Q: On January 1, 2021. Hum Enterprises Inc. had 80.000 common shares, recorded at $560,000. The company…

A: Share refers to the unit that is issued by the company into a market to raise funds by making an…

Q: The net income of Monarch Skate Inc. amounted to $3,750,000 for the year ended December 31, 2020.…

A: Earning per share = Net income/ Weighted avearge no of outstanding share

Q: A (Click the icon to view the transactions.) Required. Prepare journal entries for the transactions.…

A: A share is one of the units in which the company's capital is divided into units. shares are the…

Q: ! Required information [The following information applies to the questions displayed below.] Grandpa…

A: Journal entries are the records of the transactions entered into by the organization during the…

Q: On January 1, 2021, Oriole Corporation had 1,020,000 shares of common stock outstanding. On March 1,…

A: EPS means net earnings on a single share. Firm use equity funds to generate a profit. EPS show how…

Q: On February 28, 2022, Scrooge Inc. split its common shares 3 for 1, and Cratchit Inc. issued a 5%…

A: Earnings per share represents the net income allocated to each share of a company. It indicates how…

Q: Elston Limited had the following equity accounts on January 1, 2020: Share Capital—Ordinary ($5 par)…

A: Answer -  Part 1 -  Journal Entries             Date Particulars Debit  Credit…

Q: The following transactions were taken from the records of Marimar Company for you to  prepare a…

A: Statement of equity shows the position of the funds which represents the balance of the shareholders…

Q: On January 1, 2020, Addy Company had 110,000 shares issued and 100,000 shares outstanding. The…

A: No. of shares issued before share split = No. of shares issued on  January 1, 2020 + shares issued…

Q: On the first day of 2021, Paccar had 100,000 shares of common stock outstanding. The following…

A: Earnings per share are the amount of earnings of the entity during the current period that is…

Q: Gogalor Co. was incorporated on January 1, 2020. Upon inspection of its stock and transfer book, the…

A: Number of outstanding shares means number of shares which are issued and outstanding in the name of…

Q: Skysong Corporation had 135,600 shares of stock outstanding on January 1, 2020. On May 1, 2020,…

A: 1 January to 1 may =4 months 1 may to 1 jul=2 months 1 JUL to 1 oct=3 months 1 October to 31 dec=3…

Q: Calculate the balance of common shares at the end of 2022.

A: Capital of a company dividend into small units which is known as stocks/shares of the company.…

Q: On January 1, 2021, Oriole Corporation had 1,020,000 shares of common stock outstanding. On March 1,…

A: Earnings per share (EPS) is calculated by dividing the net income earned by the Company by the…

Q: How many shares are outstanding as of ye ar-

A: Answer:

Q: On January 1, 2021, marine company had 125,000 issued shares and 25,000 treasury shares. During the…

A: No. of shares issued means shares issued by the company including the shares purchased by the…

Q: On January 1, 2023, Sunland Ltd. had 498,000 common shares outstanding. During 2023, it had the…

A: "Since you have asked a question with sub-parts more than three, as per guidelines, the first three…

Q: on january 1, 2020, abc corporation had 200,000 ordinary shares issued and outstanding. on april 1,…

A: Earnings per share are the earnings earned by each shareholder from the earnings or net income of…

Q: Headland Corporation had 121,200 shares of stock outstanding on January 1, 2020. On May 1, 2020,…

A: Weighted-average number of shares outstanding during the period is the number of shares outstanding…

Q: n January 1, 2021, a company had 125,000 issued shares and 25,000 treasury shares. uring the year,…

A: The shares issued includes the treasury stock shares but shares outstanding are decreased with the…

Q: On January 1, 2021, Blossom Corporation had 950,000 shares of common stock outstanding. On March 1,…

A: In order to calculate weighted average shares, shares outstanding have to be multiplied with the…

Q: Current Assets $ 270,000 Investments $ 312,000 Share Capital - Ordinary (par Value $10) $ 300,000…

A: Dividends: This is the amount of cash distributed to stockholders by a company out its earnings,…