
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
النسخة 12الرقم المعياري الدولي: 978-0077862220
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
النسخة 12الرقم المعياري الدولي: 978-0077862220 تمرين 3
Prior to being united in a business combination. Atkins, Inc., and Waterson Corporation had the following stockholders' equity figures:

Atkins issues 51,000 new shares of its common stock valued at $3 per share for all of the outstanding stock of Waterson. Immediately afterward, what are consolidated Additional Paid- In Capital and Retained Earnings, respectively
A) $104,000 and $300,000.
B) $110,000 and $410,000.
C) $192,000 and $300,000.
D) $212,000 and $410,000.

Atkins issues 51,000 new shares of its common stock valued at $3 per share for all of the outstanding stock of Waterson. Immediately afterward, what are consolidated Additional Paid- In Capital and Retained Earnings, respectively
A) $104,000 and $300,000.
B) $110,000 and $410,000.
C) $192,000 and $300,000.
D) $212,000 and $410,000.
التوضيح
Retained earnings are cumulative profits...
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
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