Roberto Designers was organized on January 1, 2018. The firm was authorized to issue 190,000 shares of $6 par value common stock.
Roberto Designers was organized on January 1, 2018. The firm was authorized to issue 190,000 shares of $6 par value common stock. During 2018, Roberto had the following transactions relating to stockholders’ equity: Issued 19,000 shares of common stock at $8 per share. Issued 38,000 shares of common stock at $9 per share. Reported a net income of $190,000. Paid dividends of $95,000. Purchased 3,000 […]