Business, 05.11.2019 04:31 NickWinston261

The corporate charter of maine yacht corporation allows the issuance of a maximum of 3,000,000 shares of $1 par value common stock. during its first three years of operation, maine issued 2,200,000 shares at $15 per share. it later acquired 30,000 of these shares as treasury stock for $25 per share. based on the above information, answer the following questions:
(a)-how many shares were authorized?
(b)-authorised shares shares
(c)-how many shares were issued?
(d)-shares issued shares how many shares are outstanding?
(e)-outstanding shares shares.
(f)-what is the balance of the common stock account?
(g)-balance of the common stock account $
(h)-what is the balance of the treasury stock account?
(i)-balance of the treasury stock account $

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The corporate charter of maine yacht corporation allows the issuance of a maximum of 3,000,000 share...

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