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Evan Corporation’ charter authorized the following capital stock:     Preferred stock: 8 percent, par $11, authorized 10,000 shares. Common stock: par $2.3, authorized 50,000 shares.   Since inception,  Skyhawk sold 6335 shares of the common stock at $3.3per share and 2992 shares of the preferred stock at $15. The ending retained earnings was $63305 On the statement of stockholders' equity, the total contributed capital would be reported as $_____

Evan Corporation’ charter authorized the following capital stock:     Preferred stock: 8 percent, par $11, authorized 10,000 shares. Common stock: par $2.3, authorized 50,000 shares.   Since inception,  Skyhawk sold 6335 shares of the common stock at $3.3per share and 2992 shares of the preferred stock at $15. The ending retained earnings was $63305 On the statement of stockholders' equity, the total contributed capital would be reported as $_____

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 5PA: Copper Corporation was organized in May. It is authorized to issue 50,000,000 shares of $200 par...
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Evan Corporation’ charter authorized the following capital stock:    

Preferred stock: 8 percent, par $11, authorized 10,000 shares.

Common stock: par $2.3, authorized 50,000 shares.

 

Since inception,  Skyhawk sold 6335 shares of the common stock at $3.3per share and 2992 shares of the preferred stock at $15. The ending retained earnings was $63305

On the statement of stockholders' equity, the total contributed capital would be reported as $_____

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