The following is a list of selected account balances taken from the December 31, 2020, general ledger of Selecta Corp. Account Payable 50,000 Accounts Receivable 45,500 Ordinary Share Capital 126,000 Paid in Capital in Excess of Par –Ordinary Share Capital 110,500 Paid in Capital in Excess of Par – Preferred Share Capital 10,250 Preference Share Capital 58,000 Preference Share capital Subscribed 6,000 Retained Earnings 20,500 Subscription Receivable –Preference 10,500 Question: What is the total paid-in capital for Selecta Corp. on Dec. 31?
The following is a list of selected account balances taken from the December 31, 2020, general ledger of Selecta Corp. Account Payable 50,000 Accounts Receivable 45,500 Ordinary Share Capital 126,000 Paid in Capital in Excess of Par –Ordinary Share Capital 110,500 Paid in Capital in Excess of Par – Preferred Share Capital 10,250 Preference Share Capital 58,000 Preference Share capital Subscribed 6,000 Retained Earnings 20,500 Subscription Receivable –Preference 10,500 Question: What is the total paid-in capital for Selecta Corp. on Dec. 31?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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5.The following is a list of selected account balances taken from the December 31, 2020, general ledger of Selecta Corp.
Account Payable 50,000
Ordinary Share Capital 126,000
Paid in Capital in Excess of Par –Ordinary Share Capital 110,500
Paid in Capital in Excess of Par – Preferred Share Capital 10,250
Preference Share capital Subscribed 6,000
Subscription Receivable –Preference 10,500
Question: What is the total paid-in capital for Selecta Corp. on Dec. 31?
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