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dolphi86 [110]
2 years ago
11

Transactions that affected Barter Company’s stockholders’ equity during 2015, the first year of operations, follow.

Business
1 answer:
nignag [31]2 years ago
6 0

Answer:

Barter Company

The total stockholders' equity at the end of 2015 is:

= b) None of these

Explanation:

a) Data and Analysis:

a. Cash $1,650,000 Common Stock $150,000 Additional Paid-up Capital $1,500,000

b. Treasury stock $18,000 Additional Paid-up Capital $192,000 Cash 210,000

c. Cash $37,000 Common Stock $3,000 Additional Paid-up Capital $34,000

d. Dividends $15,000 Cash $15,000

e. Net income = $185,000

Stockholders' Equity:

Common stock $153,000

APIC =              1,342,000

Net income =      185,000

Dividends =         (15,000)

Total =          $1,665,000

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