many shares of Preferred Stock have been issued? How much cash was received from the...
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many shares of Preferred Stock have been issued? How much cash was received from the issue of Preferred Stock? What was the price per share for Preferred Stock? How many shares of Common Stock have been issued? How many shares of Common Stock are outstanding? How much cash was received from the issue of Common Stock? What was the price per share of Common Stock? What was the price per share of Treasury Stock? The following selected accounts appear in the ledger of Baker Corporation on January 1, Preferred 89 Stock, S40 por (12.000 shares authorized. 5,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Common Stock. 55 par (50,000 shares authorized, 30,000 shares issued) Paid-in Capital in Excess of Par - Common Stock Retained Earnings $ $ $ $ $ 200.000 50,000 150.000 300.000 75,000 Journalize: Issue of 6,000 share of common stock at $25. receiving cash Purchased 20,000 shares of treasury common for $400,000 Sold 800 shares of treasury common for $17.500 Sold 400 shares of treasury common for $7.500 Declared a cash dividend of $2 per share on preferred stock and Si per share on common stock
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