The following information pertains to Ming Corp. at January 1, Year 2: Ming Corp. completed
the following transactions during Year 2: 1. Issued 2,100 shares of $9 par common stock for $14
per share. 2. Repurchased 1,900 shares of its own common stock for $17 per share. 3. Resold
1,140 shares of treasury stock for $19 per share. 4. Earned $60 , 000 of cash revenue. 5. Paid $34
, 450 of cash operating expenses. Required Prepare the stockholders' equity section of the year-
end balance sheet..
The following information pertains to Ming Corp- at January 1- Year 2- (1).pdf
1. The following information pertains to Ming Corp. at January 1, Year 2: Ming Corp. completed
the following transactions during Year 2: 1. Issued 2,100 shares of $9 par common stock for $14
per share. 2. Repurchased 1,900 shares of its own common stock for $17 per share. 3. Resold
1,140 shares of treasury stock for $19 per share. 4. Earned $60 , 000 of cash revenue. 5. Paid $34
, 450 of cash operating expenses. Required Prepare the stockholders' equity section of the year-
end balance sheet.
