F3880000 - 383,500 Common stock 30,000 Paid-in calital -...

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Problem 18-1 Part A 9-Jan Cash 800,000,000 Common stock 40,000,000 Paid-in capital - excess of par 760,000,000 11-Mar Equipment 100000 Common stock 5000 Paid-in capital - excess of par 95000 Part B 12-Jan Land Revenue - donation of land 1-Sep Common stock Paid-in capital - excess of par Retained earnings Cash 1-Dec Cash Common stock Paid-in capital - excess of par
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Problem 18-8 Requirement 1 Cash
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Unformatted text preview: 383,500 Common stock 30,000 Paid-in calital - excess of par 353,500 11.78 (excess per share) Requirement 2 Retained earnings 60000 Cash dividends payable 60000 Requirement 3 Cash dividends payable 60000 Cash 60000 Requirement 4 Common stock 3,000 Retired 10% of 30,000 shars Paid-in capital - excess of par 35,350 Retained earnings 1,150 Cash 39500...
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This note was uploaded on 05/21/2011 for the course ACCT 101 taught by Professor Archie during the Spring '11 term at Rasmussen College.

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F3880000 - 383,500 Common stock 30,000 Paid-in calital -...

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