On January 1, 2020, Addy Company had 110,000 shares issued and 100,000 shares outstanding. The entity had the following transactions in 2020: March 1 - Issued 15,000 shares. June 1 - Resold 2,500...


On January 1, 2020, Addy Company had 110,000 shares issued and 100,000 shares outstanding. The entity had the following transactions in 2020:
     March 1 - Issued 15,000 shares.
     June 1    - Resold 2,500 shares of treasury.
     September 1   Completed a 2-for-1 share split.
    What is the number of shares issued on December 31, 2020?


Required to answer. Single choice.





a. 250,000



b. 230,000



c. 235,000



d. 117,500





Jun 09, 2022
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