Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the stockholders' equity section of vaughn manufac

The stockholders' equity section of Vaughn Manufacturing as of December 31, 2020, was as follows:...

60.1K

Verified Solution

Question

Accounting

image
The stockholders' equity section of Vaughn Manufacturing as of December 31, 2020, was as follows: Common stock par value $2: authorized 19600 shares isted and outstanding 9800 shares Paid-in capital in excess of par 519600 28000 90000 Retained earnings $137600 On March 1, 2021, the board of directors declareda 14% stock dividend, and accordindy 1372 additional shares were issued on March 12021. the fair value of the stock was $7 per share. For the two months ended February 28, 2021. Vauche sustained a net loss of $15900 What amount should Vaughn report as retained earnings as of March 12021? S4496 $68612 572896 577012

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1. A certain proton NMR spectrum (recorded on a 400 MHz NMR spectrometer) consists of one...

Chemistry
Q

1. Which of the following is the normal variability in peak torque between right and left...

Medical Sciences
Q

Scenario 1 - Ethical Dilemma - Reclassify Employees You are on the management team of Crystal Clear...

Accounting
Q

Darwin explain the difference between artificial selection and natural selection OA Traits are chosen by...

Biology
Q

above If the horisontal distance bebwean the hellcopter en 3 055 feet and the angle...

Geometry
Q

Find the distance from the point to the plane 2 4 1 x 4y 4z...

Geometry
Q

Offer a brief introduction that provides basic context and then a thesis Organize your argument...

Basic Math
Q

K According to a poll on consumer behavior 36 of people say they will only...

Statistics
Q

The weekly marginal cost of producing x pairs of tennis shoes is given by the...

Calculus
Q

What is the best definition of tax basis? Make sure to provide detail on why...

Accounting
Q

Kitchen Supply, Inc. (KSI), manufactures three types of flatware: institutional, standard, and silver. It applies...

Accounting
Q

Larry Bett is considering building a budget hotel that offers clean small rooms with bathroom....

Accounting