Discuss the cores shares of common stock are issued, Accounting Basics

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Discuss the cores shares of common stock are issued

On September 1, 2011, Core Company's balance sheet indicates there are 600,000 shares of $30 par value common shares in the Common Stock account and $4,500,000 in the Additional Paid-in Capital account. There are 2,000,000 shares authorized. On September 2, Core splits its stock 2 for 1. How many Core's shares of common stock are issued and outstanding immediately after the stock split?

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Accounting Basics: Discuss the cores shares of common stock are issued

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Accounting Basics: Discuss the cores shares of common stock are issued

Reference No:- TGS0704123

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Recent Questions Asked Accounting Basics

Q : What is the amount of the factory overhead volume

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Q : Explain the social security and medicare tax

Q : Explain the uses of the contribution format

Q : Discuss the cores shares of common stock are issued

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Q : What amount should be reported as an investing

Q : What is the proper adjusting entry the end of the fiscal

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Discuss the cores shares of common stock are issued

Reference No:- TGS0704123

Recent Questions Asked Accounting Basics

Q : What is the amount of the factory overhead volume

Q : How to the first payment was made

Q : Explain the social security and medicare tax

Q : Explain the uses of the contribution format

Q : Discuss the cores shares of common stock are issued

Q : Explain the dividends per share is paid

Q : Explain what amount will accounts receivable be reported

Q : What amount should be reported as an investing

Q : What is the proper adjusting entry the end of the fiscal

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