Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 5 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 6.00

Seacrest Enterprises

At December 31, 2010, the records of Seacrest Enterprises provided the following selected and incomplete data:

 

Common stock (par $0.50; no changes during 2010).
Shares authorized, 10,000,000.
Shares issued, ? ; issue price $10 per share.
Shares held as treasury stock, 50,000 shares, cost $11 per share.
Net income for 2010, $2,400,000.
Common stock account $750,000.
Dividends declared and paid during 2010, $1 per share.
Retained earnings balance, January 1, 2010, $36,400,000.


The balance in the Additional paid-in capital account would be $_____ ??

 

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 11:08 AM My Price 6.00

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