Indicate how each of the following accounts should be classified in the stockholders equity section. (a) Common

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Indicate how each of the following accounts should be classified in the stockholders’ equity section.

(a) Common stock

(b) Paid-in capital in excess of par value

(c) Retained earnings

(d) Treasury stock

(e) Paid-in capital from treasury stock

(f) Paid-in capital in excess of stated value

(g) Preferred stock


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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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