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QUESTION
Hi, my questions pertains to Capella University BUS-FP4060_Assessment4-2.
Hi, my questions pertains to Capella University BUS-FP4060_Assessment4-2. There is an assignment uploaded to this site with the data, but I'll reiterate it here.
Stockholder equity in Transworld Inc on Dec 31, 2010:
Common stock, 60,000 authorized shares, par value $15, 25,000 shares issued and outstanding = $375,000
Paid-in capital in excess of par value, common stock = $90,000
Retained earnings = $430,000
Total equity = $895,000
Stockholder equity accounts were affected by the following transactions in 2011:
Jan 1
