1. On January 6, 2021, AAU Corporation has 30,000 shares of authorized and issued P20 par value ordinary, of which 2,000 shares are held in the treasury. On this date, the board of directors declared a P4 per share cash dividends payable on March 31, 2021 to shareholders of record on March 1, 2021.

The corporate charter of Alpaca Company authorized the issuance of 10 million, $1 par common shares. During 2024, its first year of operations, Alpaca had the following transactions: January 1 sold 8 million shares at $15 per share June 3 retired 2 million shares at $18 per share December 28 sold 2 million shares at $20 per share What amount should Alpaca report as additional paid-in capital—excess of par, in its December 31, 2024, balance sheet

On January 1, 2021, MNO Corp. paid $200,000 for its investment in 10,000 shares of XYZ Inc. of the 200,000 total shares of stock issued by the company. The following information pertains to XYZ during 2021: Net income $400,000 Dividends declared and paid $60,000 The market price of common stock on 12/31/2021 $22 What amount would MNO Corp report in its year-end 2021 balance sheet for its investment in XYZ? $223,000. $260,000. $200,000. $180,000

On August 15, 2021, EasyMoney, Inc.'s Board of Directors meets and declares that EasyMoney will pay a dividend to its stockholders. Each share of EasyMoney's Common Stock will be paid a dividend of $1.25 per share. There are currently 100,000 shares of EasyMoney's Common Stock held by EasyMoney's shareholders. The following are the facts related to this dividend: D Dividend per Share D Date of Declaration D Date of Record D Date of Payment $1.25 August 15, 2021 September 5, 2021 September 20, 2021 The following is a partial list of the accounts in EasyMoney, Inc.'s General Ledger. These are the only accounts you need for this problem. D Cash D Dividends Payable > Retained Earnings As of August 1, 2021, the Beginning Balance in the Dividends Payable account is $0 and the Beginning Balance in the Retained Earnings account is $625,000.