The following items were shown on the balance sheet of Windsor, Inc. on December 31, 202C Stockholders' Equity Paid-In Capital Capital Stock Common stock, $5 par value, 800,000 shares authorized; shares issued and _________outstanding Additional paid-in capital In excess of par value Total paid in capital Retained Earnings Total paid-in capital and retained earnings Less: Treasury stock (26,000 shares) Total stockholders' equity $3,000,000 192,000 3,192,000 600,000 3,792,000 260,000 $3,532,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

H1.

Account 

(a)
(b)
(c)
(d)
(e)
The number of shares of common stock issued was
The number of shares of common stock outstanding was
The total sales price of the common stock when issued was
How much did the treasury stock cost per share?
What was the average issue price of the common stock? (Round to 2 decimal places, eg. 5.25)
in
Transcribed Image Text:(a) (b) (c) (d) (e) The number of shares of common stock issued was The number of shares of common stock outstanding was The total sales price of the common stock when issued was How much did the treasury stock cost per share? What was the average issue price of the common stock? (Round to 2 decimal places, eg. 5.25) in
The following items were shown on the balance sheet of Windsor, Inc. on December 31, 202C
Stockholders' Equity
Paid-In Capital
Capital Stock
Common stock, $5 par value, 800,000 shares
authorized;
shares issued and
Additional paid-in capital
In excess of par value
Total paid in capital
Retained Earnings
Total paid-in capital and retained earnings
Less: Treasury stock (26,000 shares)
Total stockholders' equity
outstanding
Complete the following statements.
$3,000,000
192,000
3,192,000
600,000
3,792,000
260,000
$3,532,000
Transcribed Image Text:The following items were shown on the balance sheet of Windsor, Inc. on December 31, 202C Stockholders' Equity Paid-In Capital Capital Stock Common stock, $5 par value, 800,000 shares authorized; shares issued and Additional paid-in capital In excess of par value Total paid in capital Retained Earnings Total paid-in capital and retained earnings Less: Treasury stock (26,000 shares) Total stockholders' equity outstanding Complete the following statements. $3,000,000 192,000 3,192,000 600,000 3,792,000 260,000 $3,532,000
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education