What is the total amount of stockholders1 equity as of December 31.2015? $610.00

Question

What is the total amount of stockholders1 equity as of December 31.2015? $610.000 $750.000 $1.010.000 $1.150.000 Too difficult to calculate from the data given. were sold for $35 per share. the tournai entries to record the purchase and sale of the treasury stock. Omit explanations. The statement of cash flows will NOT report: cash payments in the current year. cash receipts in the current year. noncash wresting and financing activities. revenues and expenses for the current year. the relationship of net incomc to changes in the company's cash.

Explanation / Answer

41 Journal treasury stock 120000 To cash 120000 Cash 52500 To Common stock 1500 To additional paid in capital 51000 42 C 43 A (500000-50000-20000) 430000 44 D

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