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The accounts shown below appear on the December 31, 1997, trial balance of the SINSUAT Company Capital Stock, authorized 20 000 P15 par value shares, 18 000 shares issued Subscription receivable Subscribed capital stock Retained earnings Paid-in capital in excess of par Treasury Stock, 1 000 shares, at cost Required: From these accounts determine the following: Total authorized capital stock Total unissued capital stock Total issued capital stock Capital stock subscribed Number of shares issued Number of shares subscribed Number of treasury shares Number of outstanding shares

The accounts shown below appear on the December 31, 1997, trial balance of the SINSUAT Company Capital Stock, authorized 20 000 P15 par value shares, 18 000 shares issued Subscription receivable Subscribed capital stock Retained earnings Paid-in capital in excess of par Treasury Stock, 1 000 shares, at cost Required: From these accounts determine the following: Total authorized capital stock Total unissued capital stock Total issued capital stock Capital stock subscribed Number of shares issued Number of shares subscribed Number of treasury shares Number of outstanding shares

FINANCIAL ACCOUNTING
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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The accounts shown below appear on the December 31, 1997, trial balance of the SINSUAT Company

Capital Stock, authorized 20 000 P15 par value shares, 18 000 shares issued

Subscription receivable

Subscribed capital stock

Retained earnings

Paid-in capital in excess of par

Treasury Stock, 1 000 shares, at cost

Required: From these accounts determine the following:

  1. Total authorized capital stock
  2. Total unissued capital stock
  3. Total issued capital stock
  4. Capital stock subscribed
  5. Number of shares issued
  6. Number of shares subscribed
  7. Number of treasury shares
  8. Number of outstanding shares
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