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Homework answers / question archive / The Common Stock account for Alpha Corporation on January 1, 2019 was $37,500

The Common Stock account for Alpha Corporation on January 1, 2019 was $37,500

Accounting

The Common Stock account for Alpha Corporation on January 1, 2019 was $37,500. On June 1, 2019 Alpha issued an additional 2,500 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 retained earnings was $104,700.  Use this information to determine for December 31, 2019 the amount of:

                     a) Total Stockholders Equity

                     b) Earnings per Share 

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