This paper circulates around the core theme of Capital stock outstanding, 8,000 SHARES PAR together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 79. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Capital stock outstanding, 8,000 SHARES PAR $100 per share $480,000. Paid in-capital in excess of par -Common Stock $320,000. Retained earnings $294,000. Transactions occured this year. A) Purchased 280 shares of capital stock to be held as treasury stock, paying $97 per share. B) Sold all 280 shares of treasury stock at $102 per share. C) 500 shares of capital stock were purchases at $105 per share. D) Sold 350 shares of the treasury stock at $96 per share.