Alpha Corporation has the following Shareholdersï¿½ Equity section of the Balance Sheet at 1/1/2004:Preferred Stock, 10%, $100 Par Value, 10,000 shares authorized, 1,000 issued, and outstanding$ 100,000Additional Paid In Capital ï¿½ Preferred Stock240,000Common Stock, $10 Par Value, 100,000 shares authorized, 50,000 shares issued and outstanding500,000Additional Paid In Capital ï¿½ Common Stock800,000Total Paid In Capital$1,640,000Retained Earnings2,000,000Total Shareholdersï¿½ Equity$3,640,00027. can you please let me know how you got the answer for ths question. thanksIncrease PStk Increase APIC ? PStk Increase RE a. 200,000 0 0 b. 150,000 50,000 0 c. 0 200,000 0 d. 50,000 150,000 0 e. 50,000 100,000 50,000
This question was answered on: Sep 21, 2023
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