j***u
发帖数: 142 | 1 Asp Co. was organized on January 2, year 1, with 30,000 authorized shares of
$10 par
common stock. During year 1 the corporation had the following capital
transactions:
January 5—Issued 20,000 shares at $15 per share.
July 14—Purchased 5,000 shares at $17 per share.
December 27—Reissued the 5,000 shares held in treasury at $20 per share.
Asp used the par value method to record the purchase and reissuance of the
treasury shares.
In its December 31, year 1 balance sheet, what amount should Asp report as
additional
paid-in capital in excess of par?
A. $100,000
B. $125,000
C. $140,000
D. $150,000
Answer: B | j***u
发帖数: 142 | 2 另一道：
On July 1, year 1, after recording interest and amortization, York Co.
converted
$1,000,000 of its 12% convertible bonds into 50,000 shares of $1 par value
common stock.
On the conversion date the carrying amount of the bonds was $1,300,000, the
market value
of the bonds was $1,400,000, and York’s common stock was publicly trading
at $30 per share.
Using the book value method, what amount of additional paid-in capital
should York record as
a result of the conversion?
A. $ 950,000
B. $1,250,000
C. $1,350,000
D. $1,500,000
Answer: B |
|
