Compute Beginning Capital Balance, Paid in Capital

Please see attached file for proper format.

Mary Janane's capital statement reveals that her drawings during the year were $50,000. She made an additional capital investment of $25,000 and her share of the net loss for the year was $10,000. Her ending capital balance was $200,000. What was Mary Janane's beginning capital balance?

$260,000.

$225,000.

$185,000.

$235,000.

Venco Corporation's December 31, 2010 balance sheet showed the following:
8% preferred stock, $20 par value, cumulative, 10,000 shares
authorized; 7,500 shares issued $150,000
Common stock, $10 par value, 1,000,000 shares authorized;
975,000 shares issued, 960,000 shares outstanding 9,750,000
Paid-in capital in excess of par value?preferred stock 30,000
Paid-in capital in excess of par value?common stock 13,500,000
Retained earnings 3,750,000
Treasury stock (15,000 shares) 315,000
Venco's total paid-in capital was

$23,430,000.

$23,745,000.

$23,115,000.

$13,080,000.

Legal capital per share cannot be equal to the

total proceeds from the sale of par value stock above par value.

par value per share of par value stock.

stated value per share of no-par value stock.

total proceeds from the sale of no-par value stock.

Retro Company is authorized to issue 10,000 shares of 8%, $100 par value preferred stock and 500,000 shares of no-par common stock with a stated value of $1 per share. If Retro issues 5,000 shares of common stock to pay its recent attorney's bill of $20,000 for legal services on a land access dispute, which of the following would be the journal entry for Retro to record?
Legal Expense 5,000
Common Stock 5,000

Legal Expense 20,000
Common Stock 20,000

Legal Expense 20,000
Common Stock 5,000
Paid-in Capital in Excess of Stated Value - Common 15,000

Legal Expense 20,000
Common Stock 5,000
Paid-in Capital in Excess of Par - Preferred 15,000

The return on common stockholders' equity is computed by dividing

net income by average common stockholders' equity.

net income minus preferred dividends by average common stockholders' equity.

net income minus preferred dividends by ending common stockholders' equity.

net income by ending common stockholders' equity.

Cuther Inc., has 1,000 shares of 6%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2009, and December 31, 2010. The board of directors declared and paid a $2,000 dividend in 2009. In 2010, $12,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2010?

$3,000

$8,000

$6,000

$4,000.