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At September 30 The End of Beijing Company S Third Quarter: Unlock Answers Here Solutiondone - Online
At September 30 The End of Beijing Company S Third Quarter: Unlock Answers Here Solutiondone - Online
At September 30 The End of Beijing Company S Third Quarter: Unlock Answers Here Solutiondone - Online
quarter
At September 30 the end of Beijing Company s third quarter
At September 30, the end of Beijing Company's third quarter, the following stockholders'
equity accounts are reported.
Common stock, $12 par value . . . . . . . . . . . . . . . . . . . . . . . . . . . $360,000
Paid-in capital in excess of par value, common stock . .... . . . . . . . 90,000
Retained earnings . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . 320,000
In the fourth quarter, the following entries related to its equity are recorded:
Required
1. Explain the transaction(s) underlying each journal entry.
2. Complete the following table showing the equity account balances at each indicated date
(include the balances from September 30).