Polk Corporation was organized on January 2, 2019, with authorized capital of 100,000 shares of $10 par value common stock. During 2019, Polk had the following transactions:
What should be the amount of additional paid-in capital at December 31, 2019?
Compute the amount of additional paid in capital at December 31, 2019
Additional paid-in-capital: It is an amount of capital received from the shareholders in excess of par value.
Compute the additional paid-in capital of Corporation P.
Financial Accounting
Corporate Financial Accounting
Managerial Accounting: The Cornerstone of Business Decision-Making
Financial And Managerial Accounting
Accounting Information Systems
Financial & Managerial Accounting
College Accounting, Chapters 1-27
Management, Loose-Leaf Version
Contemporary Marketing
MKTG 12:STUDENT ED.-TEXT
Essentials of Business Communication (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Accounting Information Systems
Principles of Macroeconomics (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Fundamentals of Financial Management (MindTap Course List)
Principles of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Foundations of Business (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Principles of Microeconomics (MindTap Course List)
Financial Accounting
Accounting (Text Only)
College Accounting (Book Only): A Career Approach
Financial & Managerial Accounting
Exploring Economics
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
College Accounting (Book Only): A Career Approach
Principles of Macroeconomics (MindTap Course List)
Pkg Acc Infor Systems MS VISIO CD
Fundamentals of Financial Management (MindTap Course List)
Survey of Accounting (Accounting I)
Corporate Financial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Microeconomics
Purchasing and Supply Chain Management
Cornerstones of Cost Management (Cornerstones Series)
Economics For Today
Practical Management Science
Macroeconomics
Economics (MindTap Course List)