How many cores shares of common stock are issued, Accounting Basics

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How many cores shares of common stock are issued

On September 1, 2011, Core Company's balance sheet indicates there are 600,000 shares of $30 par value common shares in the Common Stock account and $4,500,000 in the Additional Paid-in Capital account. There are 2,000,000 shares authorized. On September 2, Core splits its stock 2 for 1. How many Core's shares of common stock are issued and outstanding immediately after the stock split?

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Accounting Basics: How many cores shares of common stock are issued

Reference No:- TGS0703634

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How many cores shares of common stock are issued

Reference No:- TGS0703634

Recent Questions Asked Accounting Basics

Q : Rectangle giving a visual representation of problem

Q : What is the total amount of paid-in capital

Q : How much in dividends per share is paid to the common

Q : Which preference or privilege of preferred stock is going

Q : How many cores shares of common stock are issued

Q : Unit cases of finished product

Q : What were the equivalent units of production for conversion

Q : Calculate the amount

Q : Determine how much is the conversion cost per unit

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