Answer :
The amount should llama reported as additional paid-in capital in its December 31, 2021, balance sheet is $ 141 million.
A balance sheet is a monetary declaration that reviews an organization's property, liabilities, and shareholder equity. The balance sheet is one of the 3 center economic statements which can be used to evaluate a business. It gives a photograph of an organization's budget (what it owns and owes) as of the date of the ebook.
In economic accounting, a stability sheet is a precis of the monetary balances of an individual or agency, whether it's a sole proprietorship, an enterprise partnership, an employer, a private limited organization or different business enterprise including government or no longer-for-income entity.
A balance sheet gives you an image of your corporation's monetary function at a given factor in time. Together with an earnings announcement and a coins waft statement, a stability sheet can help business owners evaluate their business enterprise's financial status.
· Additional paid-in capital increase on Jan 1 = 9 million shares x ($16 per share - $ 1 par)
= 9 x 15
= $ 135 million
· Additional paid-in capital increase on Dec 28 = 3 million shares x ($21 – 19)
= 3 x 2
= 6 millions
· Additional paid-in capital in its Dec 31, 2021 Balance Sheet
= 135 + 6
= $ 141 millions
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The amount must llama reported as extra paid-in capital in its December 31, 2021, balance sheet is $ 141 million.
A balance sheet is a financial statement that reviews an organisation's property, liabilities, and shareholder fairness. The stability sheet is one of the 3 middle economic statements which can be used to assess a business. It offers a image of an employer's finances (what it owns and owes) as of the date of the e-book.
In economic accounting, a balance sheet is a summary of the financial balances of an person or agency, whether or not it's a sole proprietorship, an corporation partnership, an employer, a personal confined company or special enterprise agency such as government or no longer-for-income entity.
A balance sheet gives you an image of your corporation's economic feature at a given aspect in time. collectively with an income declaration and a cash float statement, a balance sheet can assist commercial enterprise owners evaluate their enterprise organization's economic popularity.
Extra paid-in capital growth on Jan 1 = nine million stocks x ($sixteen in keeping with proportion - $ 1 par)
= 9 x 15
= $ one hundred thirty five million
Additional paid-in capital increase on Dec 28 = 3 million stocks x ($21 – 19)
= 3 x 2
= 6 tens of millions
· additional paid-in capital in its Dec 31, 2021 stability Sheet
= 135 + 6
= $ 141 hundreds of thousands
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