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The Information That Follows Pertains to Stockholders' Equity Data of the Keswick

Question 75

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The information that follows pertains to stockholders' equity data of the Keswick Corporation on December 31,20xx.Compute the amount of each item indicated by a letter in the listing below.Round answers to two decimal places.
 Par value per common share $20 Balance of Common Stock account $aNo. of shares authorized 20,000 No. of shares issued and outstanding 150,000 Balance of Additional Paid-in Capital account  $b Balance of Retained Earnings account$50,000Total contributed capital$ cTotal stockholders’ equity$510,000\begin{array}{llr} \text { Par value per common share } &\$20\\ \text { Balance of Common Stock account } &\$\text {a}\\\\ \text {No. of shares authorized } &20,000\\ \text { No. of shares issued and outstanding } &150,000 \\ \text { Balance of Additional Paid-in Capital account }&\text { \$b } \\\\\text {Balance of Retained Earnings account}&\$50,000\\\text {Total contributed capital}&\$ \text { c}\\\\\text {Total stockholders' equity}& \$ 510,000 \end{array}

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a.$300,000 (15,000 * $20)
b.$1...

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