ACCT 221.
University Of Maryland - Baltimore
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ACCT 221 - Homework 1 Quiz. Questions and Answers.
- Exam (elaborations) • 12 pages • 2021
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ACCT 221 - Homework 1 Quiz. Questions and Answers. 
 
Question 1 3 / 6 points 
The Common Stock account for Alpha Corporation on January 1, 2017 was $37,500. On June 1, 2017 
Alpha issued an additional 4,500 shares of common stock. The Common Stock is $5 par. There was 
neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $10,000 
on January 1 and $15,000 on June 2 and net income was $124,700. Use this information to determine 
for December 31, 2017 the ...
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ECON 3303 - Possible Quiz Questions Chapter 8: Enterprise Business Systems. Questions and Answers.
- Exam (elaborations) • 13 pages • 2021
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ECON 3303 - Possible Quiz Questions Chapter 8: Enterprise Business Systems. Questions and Answers.
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