Russell issues 10,000 additional shares

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• Chapman Company - Additional Paid In Capital

  P6-22 On January 1, 2004, Russell issues 10,000 additional shares of common stock for $15 per share. Chapman does not acquire any of this newly issued stock.

• Chapman Company purchases 80 percent of the common stock of Russell Company on January 1, 1998: Additional Paid in Capital

  On January 1, 2004, Russell issues 10,000 additional shares of common stock for $15 per share. Chapman does not acquire any of this newly issued stock.

• Consolidated Financials, Intercompany, Variable Interest Entities

  Subject: Variable Interest Entities, Intercompany Debt, Consolidated Cash Flows, and Other Issues 22. On January 1, 2004, Russell issues 10,000 additional shares of common stock for $15 per share.

• Stockholders Equity

  Suppose that the company issues 10,000 shares at $4 a share. Which of the figures below would change? In this case the common stock will increase by 10,000X1=$10,000 and the Additional paid-in capital will increase by 10,000X3=$30,000.

• Recognized goodwill

  Hill issues 10,000 shares with fair value per share of $40 per share totaling $400,000. The excess of fair value of shares over the fair value of assets and liabilities acquired is $15,000 which is recognized as goodwill.

• Purchases method of accounting for business combination and Acquisition method

  Merril acquires 100 percent of the outstanding voting shares of Harris company on January 1, 2006. To obtain these shares, Merrill pays $200,000 in cash and issues 10,000 shares of its own $10 par value common stock.

• Outstanding Issued Shares

  How many more shares can be issued without the approval of shareholders? e. Suppose the Alfred Cake Company issues 10,000 shares at $2 a share. Which of the above figures would be changed? f.

• Stock Dividend

  Increase in additional paid-in value = 10,000 * ($50 - $1) = $490,000. Additional paid-in capital value after the stock dividend = $1,800,000 + $490,000 = $2,290,000.

• Fix cash flow statement: Carpino; Harris Co Equity Section

  Balance Sheet (partial) At December 31, 2008 Paid in capital Capital stock Preferred stock, authoried 1,000,000 shares cumulatives, $100 par value, $8 per share, 6,000 shares issues and outstanding