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ACC 206 WEEK 2 Ashford University

Submitted by excellentassi... on Thu, 2014-02-13 16:28
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ACC 206 Week 2 assignment

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a. xxxxxxx the xxxxxx xx preferred shares that xxxx xxxxxx during 20X6. 
xxxxxxxxx xxxxx - Paid xx xxxxxxx$580,000
xxx Value $100
Number of shres5800
b. Calculate the xxxxxxx xxxxx xxxxx of xxx xxxxxx xxxxx xxxx in 20X6. 
xxxx 20x5
xxxxxx stock $2,350,000xxxxxxxxxx
xxx xxxxx xxx xxx
Number xx xxxxxx 235,000xxxxxxx
xxxxxx of Shares issued xxxxxx
xxxxxx Stock - xxx xxxxx xxxxxxxxxxxxxxxxxxxx
xxxx in xxxxxxx xx xxxxxx of par $4,620,000xxxxxxxxxx
Total xxxxxxxxxxxxxxxxxxxx
Sale xxxxxxxx xxxxxxxxxxxxxxx
xxxxx xxxxx per xxxxx$27.00
c. By xxxx amount xxx the company's xxxxxxx capital xxxxxxxx xxxxxx 20X6? 
xxxxxxxxx Stock x xxx xxxxx $580,000 xxxxxxxx
Paid in capital in xxxxxx xx par xxxxxxx xx
Total $604,000 $500,000
xxxxxxxx xxxxxx xxx xxx $104,000
xxxxxx Stock - par Value$2,350,000xxxxxxxxxx
Paid in capital xx xxxxxx xx parxxxxxxxxxx$3,600,000
Increase xxxxxx the xxx $1,620,000
Total xxxxxxxx in

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xxx 206
Problem 1
Star xxxxxxxxxxx
a Number of xxxxxxxxx Shares xxxxxx x xxxxxxxxx - $500,000) x xxxx = xxx shares
b Number xx xxxxxx Shares xxxxxx x ($2,350,000 - xxxxxxxxxxx x $10 = 60,000 shares
Average xxxxx xxxxx x xxxxxxxxxxx + $4,620,000 x $1,550,000 - $3,600,000) / 60,000 shares = $27 xxx share
x Increase in Paid in xxxxxxx = ($16,064,000 x xxxxxxxxxxx x ($12,570,000 - $6,920,000) = $1,724,000
dxxxxxxxx in Legal xxxxxxx = xxxxxxxxx + $2,350,000 - $500,000 - xxxxxxxxxxx x xxxxxxxx
xxxxxxx x
Northern Corporation
xxxx ACase xCase C
a * xxxxxxx x 768,000 x 840,000
b * 800,000 * xxxxxxx* 800,000
c * xxxxxxx * 592,000* 520,000
x* 46,667 * xxxxxx* 43,333
e x (13,333) x xxxxxxxx * 3,750
fxxxxxx* 36,250
x 0.0* xxxxxx xxx
x* xxxxxxx x 757,333FALSE
xxxxxxx 3
J & B Manufacturing MaterialsLabor PrimeConversion
axx d
Materials and xxxxxxxx used
Brass x 80,000* xxxxxx
xxxxxx parts x 18,000
xxxxxxx xxxxxxxxxxx 8,000
Wages xxx salaries
Machine xxxxxxxxx * 140,000 x xxxxxxx x 140,000
xxxxxxxxxx supervisors x 62,000
Maintenance personnel* 39,000
xxxxx factory xxxxxxxx
Variablex 29,000
xxxxxx xxxxxx
xxxxxx * xxxxxx* xxxxxxxx 220,000 x 344,000
Problem x
a Jakob Industries, Inc
Schedule xx Cost of xxxxx xxxxxxxxxxxx
For xxx Year Ended December xx
Work xx Process, Jan x x 32,000
xxxxxx Materials xxxxx
xxx Materials, Jan x * xxxxxx
xxxxxx xxxxxxxxx Purchases * xxxxxx

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Submitted by xoon on Tue, 2014-02-11 22:40
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Fresh work 100% correct answer A+++++++++++++++++++TUTORIAL GUARANTEED PERFECT perfect calculations A++ paper the best answer here on site

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Solutions xx xxxxxxxxxx of xxxxxxxxxxx (July xxx
xxxxxxx 2
E3-1 Star xxxxxxxxxxx
a) xxxxxxxx xx xxxxxxxxx Stock xxxxxxx xxxxxxxxx x xxxxxxxxxxxxxxxx
÷ Par value per xxxxxxxxx share$100
Number of preferred xxxxxx xxxxxx xx 20X6800
b) Increase xx xxxxxx Stock xxxxxxx xxxxxxxxxxx - $1,750,000) x 600,000
Increase xx Paid-in Capital in xxxxxx xx xxx - Common xxxxxxxxx
xxxxx increase xx common xxxxx accounts $ xxxxxxxxx
÷ xxxxxxxx xx number of xxxxxx shares xxxxxxxxx / $10)xxxxxx
xxxxxxx issue price xxx common xxxxx issued xx 20X6 $27.00
c)20X6 20X5 Increase
xxxxx xxxxxxxxxxxxx equityx 16,044,000 $ xxxxxxxxxx
Less: xxxxxxxx xxxxxxxxxxxxxxxxx6,920,000
xxxxxxx xxxxxxxx xxxxxxxxxx 5,850,000x 1,724,000
xx 20X6 xxxxxxxxxxxx
xxxxxxxxx stock, xxxx par value$ xxxxxxx x xxxxxxx
Common stock, xxx xxx value 2,350,000 1,750,000
Total legal capital$ 2,930,000 $ xxxxxxxxx x 680,000
xxxx Southlake xxxxxxxxxxx
xx Case xxxxx xCase x
Total par value of xxxxxx xxxxxxx $ 900,000x xxxxxxx
x Quoted xxxxx xxxx xxx105%
xxxx xxxxxx xx xxx xxxxxxxx date x 900,000$ xxxxxxx$ xxxxxxx
b) Case Axxxx x Case C
xxxxx xxx xxxxx of bondsx 900,000 $ 900,000$ 900,000
x xxxxxx coupon interest ratexxxx xx
xxxxxx xxxxxx interest xxxxxxx$ 72,000x 72,000 $ 72,000
x Number xx xxxxx to xxxxxxxx xx xx xx
xxxxx xxxxxx interest paymentsx xxxxxxx x 720,000$ xxxxxxx
xxxx xxx value of the bonds900,000xxxxxxx 900,000
Total xxxx outflow

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Submitted by SolutionGuru on Sun, 2013-08-04 12:21
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ACC 206 Week 2 Exercise Assignment__100% CORRECTLY SOLVED__A+ OR MONEY BACK GURANTEE

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ACC 206 Week x xxxxxxxx xxxxxxxxxxxxxxxx CORRECTLY xxxxxxxxxx xx MONEY xxxx GURANTEE

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Chapter x xxxxxxxx xx

Issuance xx stock

Cash xxxxxxxx х $20)……………………………………………………… 2,000,000

xxxxxx Stock xxxxxxxx х $1)………xxxxxxxxxxxxxxxxxxxxxxxxxx 100,000

Paid-in xxxxxxx xx Excess xx Par xxxxxxxx х xxxx……… xxxxxxxxxx

Cash (100,000 xx $20)……………………………………………………… 2,000,000

xxxxxx Stock xxxxxxxx xx $5)………xxxxxxxxxxxxxxxxxxxxxxxxxx 500,000

Paid-in Capital xx Excess xx

xxxxxx Value xxxxxxxx х xxxx…………………………xx xxxxxxxxxx

Cash (100,000 х xxxx……………………………………………………… xxxxxxxxxx

Common xxxxxxxxxxxx xxxxx (100,000 xx $20)………… 2,000,000

Chapter 2 Exercise 3:

Analysis of stockholders' xxxxxx

Number xx xxxxxxxxx shares xxxx were issued during 20X6 x $(580,000−xxxxxxxxxxxxx

= 800 xxxxxxx

xxx average xxxxx xxxxx xx the xxxxxx stock xxxx in 20X6:

xxxxxx of xxxxxx xxxxxx xxxx xxxx xxxxxx xxxxxx 20X6 x

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xxxxxxx x Exercise 1:

Issuance xx stock

xxxx (100,000 х xxxx……………………………………………………… 2,000,000

xxxxxx xxxxx (100,000 х xxx………xxxxxxxxxxxxxxxxxxxxxxxxxx 100,000

xxxxxxx xxxxxxx in xxxxxx xx Par xxxxxxxx xx xxxx……… 1,900,000

Cash xxxxxxxx х xxxx……………………………………………………… 2,000,000

xxxxxx xxxxx xxxxxxxx xx xxx………xxxxxxxxxxxxxxxxxxxxxxxxxx 500,000

xxxxxxx Capital in Excess of

Stated Value (100,000 xx xxxx………………………….. xxxxxxxxxx

Cash xxxxxxxx х $20)……………………………………………………… xxxxxxxxxx

xxxxxx xxxxxxxxxxxx xxxxx (100,000 xx xxxx………… 2,000,000

Chapter x xxxxxxxx 3:

Analysis xx stockholders' equity

xxxxxx xx xxxxxxxxx shares that xxxx issued xxxxxx xxxx x $(580,000−xxxxxxxxxxxxx


xxx average xxxxx xxxxx of xxx common xxxxx sold in xxxxx

Number xx common xxxxxx xxxx xxxx issued during xxxx x

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Submitted by accountguru on Sun, 2013-08-04 14:06
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ACC 206 WEEK 2 Ashford University

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xx Compute xxx number xx xxxxxxxxx xxxxxx xxxx were xxxxxx xxxxxx 20X6. 
xxxxxxxxx stock - Paid in xxxxxxxxxxxxxxx
Par Value $100
xxxxxx xx shresxxxx
xx xxxxxxxxx the xxxxxxx xxxxx price xx the common stock xxxx xx 20X6. 
xxxxxx xxxxxxxxxxxxxxx$1,750,000
Par xxxxx $10 xxx
Number of xxxxxx235,000xxxxxxx
xxxxxx xx Shares issued 60,000
xxxxxx Stock - par xxxxx xxxxxxxxxx xxxxxxxxxx
xxxx in capital in xxxxxx xx par $4,620,000 $3,600,000
Total xxxxxxxxxxxxxxxxxxxx
xxxx xxxxxxxx recd. xxxxxxxxxx
Issue xxxxx xxx share$27.00
xx xx xxxx xxxxxx did the company's paid-in xxxxxxx xxxxxxxx xxxxxx 20X6? 
xxxxxxxxx xxxxx x xxx xxxxx $580,000$500,000
xxxx xx xxxxxxx in excess xx xxx $24,000 $0
xxxxxxxxxxxxx $500,000
xxxxxxxx during xxx xxx $104,000
xxxxxx Stock - xxx xxxxx $2,350,000$1,750,000
xxxx xx capital in excess of par$4,620,000xxxxxxxxxx
xxxxx xxxxxxxxxx xxxxxxxxxx
xxxxxxxx xxxxxx the yer xxxxxxxxxx
Total Increase xx

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Submitted by Martin on Sun, 2013-08-04 11:27
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"ACC 206 Week 2 Assignment"- Guaranteed A+ Work !!

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Your Week x assignment is in attachment.Please xxxx free to message me xxxx questions,thanks

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xxx xxx
Problem x
Star Corporation
x xxxxxx xx Preferred xxxxxx Issued = xxxxxxxxx - $500,000) x xxxx = 800 xxxxxx
bNumber of Common Shares xxxxxx = ($2,350,000 x $1,550,000) / xxx = xxxxxx shares
xxxxxxx xxxxx Price = xxxxxxxxxxx x $4,620,000 - xxxxxxxxxx x $3,600,000) x xxxxxx shares = $27 xxx share
cIncrease in Paid in xxxxxxx = xxxxxxxxxxxx x xxxxxxxxxxx x ($12,570,000 - xxxxxxxxxxx = $1,724,000
x Increase xx Legal xxxxxxx = xxxxxxxxx + xxxxxxxxxx x $500,000 - xxxxxxxxxxx = xxxxxxxx
xxxxxxx x
Northern Corporation
xxxx ACase x Case C
xx 800,000* xxxxxxxx xxxxxxx
b* xxxxxxxx xxxxxxx x 800,000
x x xxxxxxx * 592,000* xxxxxxx
d x 46,667 x 49,333* xxxxxx
ex (13,333)* xxxxxxxx* 3,750
f 0.0 xxx x 36,250
x xxx * 42,6670.0
xx 800,000* xxxxxxxxxxxx
Problem 3
J & B Manufacturing xxxxxxxxx Labor Primexxxxxxxxxx
a xx x
Materials xxx xxxxxxxx used
xxxxx x xxxxxx x 80,000
xxxxxx xxxxx* xxxxxx
Machine lubricantsx xxxxx
xxxxx xxx xxxxxxxx
Machine xxxxxxxxx * 140,000x 140,000x 140,000
Production supervisorsx xxxxxx
Maintenance personnel* xxxxxx
Other factory xxxxxxxx
xxxxxxxx * xxxxxx
Fixed* 48,000
xxxxxx* xxxxxx x xxxxxxx x 220,000x xxxxxxx
Problem 4
x Jakob xxxxxxxxxxx Inc
xxxxxxxx xx xxxx of xxxxx xxxxxxxxxxxx
For xxx Year xxxxx December 31
xxxx in Process, Jan 1 x xxxxxx
Direct Materials Used:
xxx xxxxxxxxxx xxx xx 31,000
Direct Materials Purchasesx xxxxxx
xxx xxxxxxxxx Available xxx Use x 118,000
xxxxxxxx xxxxxxxxx xxxx* xxxxxxxx
Total* xxxxxxx
xxx xxxxxxxxxx xxx xx* xxxxxxxx
xxxxxx Materials Used * xxxxxx
xxxxxx xxxxx* 75,000
xxxxxxxxxxxxx Overhead
xxxxxxxx xxxxxxxxx xxxxx 11,000
Indirect Labor* 26,000
xxxxxxxxxxxxxxxxxxxxx xxxxxx
xxxxxxx Taxes* xxxxx
Factory xxxxxxxxxx xxxxxx
Total xxxxxxxxxxxxx xxxxxxxx* xxxxxx
Total xxxxxxxxxxxxx Cost * 252,000
Work in xxxxxxxx xxx 31* xxxxxxxx
Cost of Goods xxxxxxxxxxxx *

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Submitted by kalfree on Sun, 2013-08-04 10:39
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Answers to all questions

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xxxxxx xxxx xxx xxxxx xxxxx with all the xxxxxxx in it. Thank xxx xx

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xx Analysis xx stockholders' xxxxxx
xxxx Corporation issued xxxx common xxx xxxxxxxxx xxxxx xxxxxx 20X6. xxx xxxxxxxxxxxxx equity xxxxxxxx xx the xxxxxxxxx xxxxxxx xxxxxx at xxx end of 20X6 xxx 20X5 xxxxxxxx
xxxx 20X5xxxxxxxx
xxxxxxxxx xxxxxx $100 par xxxxxx xxx $580,000 xxxxxxxxxxxxxx xxxxxx 5800 xxxx xxx
Common stock, xxx xxx xxxxx 2,350,000 xxxxxxxxx 23500001750000235000 xxxxxx xxxxx
Paid-in capital xx excess xx xxx value
xxxxxxxxx xxxxxx —24000 0
xxxxxx 4,620,000 3,600,000xxxxxxx 3600000xxxxxxx
xxxxxxxx xxxxxxxx xxxxxxxxx 6,920,000
Total stockholders' xxxxxx xxxxxxxxxxx $12,770,000
xx xxxxxxx the xxxxxx xx xxxxxxxxx xxxxxx xxxx were xxxxxx during xxxxx xxxxxxxxx
b. xxxxxxxxx the average xxxxx price of the xxxxxx xxxxx sold in 20X6. 27
xx xx xxxx amount xxx xxx xxxxxxxxx xxxxxxx xxxxxxx increase xxxxxx 20X6?1724000
d. Did xxxxxx total legal capital xxxxxxxx or decrease xxxxxx xxxxx By xxxx

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Submitted by alltutorials on Mon, 2014-09-01 20:08
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ACC 206 Week 2 Assignment ( Chapter Two and Three Problems ) ~ A + Work With References

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xxxxxxx Two and Three Problems

xxxx x Assignment

xxx xxxx


Chapter x Exercise x

xx Issuance xx stock

xxxxxxx xxxxxxx entries to record xxx xxxxxxxx of xxxxxxx shares of xxxxxx xxxxx at xxx xxx share xxx each xx xxx following independent xxxxxxx

xxxxxxx Corporation xxx common xxxxx with a xxx xxxxx xx xx per share.

xxxx (100,000 shares x $20) xx 2,000,000

To xxxxxx stock xxxxxxxx xxxxxx x $1) xxxxxxxx

xx xxxxxxxxxx xxxx in xxxxxxx ( xxxxxxxxx – xxxxxxxx 1,900,000

Entry to record xxxxx of 100,000 shares xx $1par xxxxxx common xx xxx xxx xxxxxx

Royal xxxxxxxxxxx xxx no-par xxxxxx xxxx x stated xxxxx xx $5 D xxxxxxx

Cash xxxxxxxx shares * $20) Dr 2,000,000

To xxxxxx xxxxx xxxxxxxx shares * $5) xxxxxxxx

xx xxxxxxxxxx Paid xx xxxxxxx ( 2,000,000 – 500,000) 1,500,000

Entry to xxxxxx xxxxx xx 100,000 xxxxxx xx $20, xxxxx at no xxx common with x xxxxxx value xx xx per share

French xxxxxxxxxxx xxx no-par xxxxxxx xx xxxxxx xxxxx has xxxx as xxxxxxx

xxxx xxxxxxxx xxxxxx * xxx xx xxxxxxxxxx

xx xxxxxx xxxxx (100,000 shares * xxx 2,000,000

Entry xx record xxxxx of 100,000 xxxxxx xx xxxx xxxxx no xxxxxx xxxxx xxx been assigned

xxxxxxx x Exercise xx

xx xxxxxxxx xx stockholders' xxxxxx

Star xxxxxxxxxxx xxxxxx xxxx xxxxxx and preferred

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Submitted by Good_Morning on Tue, 2014-09-23 01:21
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ACC 206 Week 2 Assignment

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ACC 206 xxxx 2 xxxxxxxxxx

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1. Analysis xx xxxxxxxxxxxxx equity
Star xxxxxxxxxxx xxxxxx xxxx xxxxxx xxx preferred stock xxxxxx 20X6. The stockholders' equity xxxxxxxx xx the xxxxxxxxx balance sheets xx the xxx xx 20X6 and 20X5 xxxxxxxx
xxxx 20X520x620x5
xxxxxxxxx stock, xxxx xxx value, 10% $580,000 $500,000xxxxxxxxxxxx xxxx 5000xxx
Common stock, xxx par value 2,350,000 1,750,000 xxxxxxx xxxxxxx xxxxxxxxxxxx xxxxx
xxxxxxx capital xx excess xx par xxxxx
xxxxxxxxx xxxxxx —240000
Common 4,620,000 xxxxxxxxxxxxxxxx 3600000xxxxxxx
xxxxxxxx earnings xxxxxxxxx xxxxxxxxx
xxxxx xxxxxxxxxxxxx equity $16,044,000 xxxxxxxxxxx
xx xxxxxxx xxx number xx preferred shares that xxxx xxxxxx xxxxxx 20X6.xxxxxxxxx
b. xxxxxxxxx xxx xxxxxxx xxxxx price xx the xxxxxx stock sold xx 20X6. 27
c. xx what xxxxxx xxx xxx company's xxxxxxx capital increase xxxxxx xxxxxxxxxxxx
d. Did Star's total legal capital increase or decrease xxxxxx xxxxx By xxxx xxxxxxx xxxxxxyes it increased
xx xxxx xxxxxxxxxxxxx Straight-line xxxxxxxxxxxx
xxxxxxxxx xxxxxxxxxxx xxxxxx xxxxxxxx of 8% xxxxx xx March 1, xxxxx xxx bonds pay interest on March 1 xxx September 1 and xxxxxx xx 10 xxxxxx Assume the xxxxxxxxxxx cases xxxx xxxxxxx
• xxxx A—The xxxxx are issued at xxxx
• xxxx x—The xxxxx are issued at 96.
• Case C—The bonds are xxxxxx at 105.
xxxxxxxxx uses the xxxxxxxxxxxxx xxxxxx of amortization.
xxxxxxxx xxx following table:
Case A Case x Case x x xC
a. xxxx xxxxxx xx the xxxxxxxx xxxx _______

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Submitted by rubyCpaMba on Sun, 2013-08-04 13:17
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ACC 206 Week 2 (Chapters 2 and 3) --Correct w/ Solutions (August 2013 Updated)--ACCOUNTANT you can trust!!!

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xxxxxxx xxxxxxxxx

xxxx luck !  x xxxx xxx the xxxx !


xxx xxxxxx xx xxxxxxxxx xxxxxxx xx first so xx xxx settle xx properly.

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ACC206 Week 2: Chapters xxx and xxxxx Answers

Chapter 2 Exercise 3

xx Analysis of stockholders' xxxxxx

xxxxxxxxx xxxxxx xxxxxx = xxxxxxxxx – xxxxxxxxx / $100

xxxxxxxxx xxxxxx issued = xxxxxxx / $100 = xxx shares

xxxxxxx xxxxx price of xxxxxx stock x (2,350,000 + xxxxxxxxxx – (1750000 x 3600000)

Ave. xxxxx price x xxxxxxx – xxxxxxx x xxxxxxx xxxxxxxxxxxxxxxxxxx x xxx

Ave. xxxxx Price x xxxxxxx x 60000

Ave. xxxxx Price x xxxxxx

xxxxxxx capital xxxxxxxx = xxxxxx – 0) x (4620000 – 3600000)

Paid-in capital xxxxxxxx x 24000 x xxxxxxx

Paid-in xxxxxxx xxxxxxxx x $1,044,000

xxxxx capital xxxxxxxx = xxxxxxx -500000) x xxxxxxxxxxxxxxxxx

xxxxx capital xxxxxxxx = 80000 x xxxxxx

Legal xxxxxxx xxxxxxxx xx = $680,000

xxxxxxx x xxxxxxx 1

xx xxxx xxxxxxxxxxxxx Straight-line xxxxxxxxxxxx (Next xxxxx xxxxxx go down)


Case A

xxxx B

xxxx C

Cash xxxxxx on xxx xxxxxxxx xxxx




xxxxx xxxx outflow xxxxxxx xxxxxxxx




xxxxx xxxxxxxxx cost over the life of xxx xxxx issue




xxxxxxxx expense xxx xxx xxxx xxxxx December 31, 19X1




xxxxxxxxxxxx for the year ended December 31, 19X1




xxxxxxxxxxx xxxxxxx xx xx December 31, 19X1




xxxxxxxxxxx xxxxxxxx xx of December 31, xxxx




xxxx carrying xxxxx xx xx December 31, xxxx





Case A:

Cash xxxxxx

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