Reporting stockholders equity Obj. 6 Using the following accounts and balances, prepare the Stockholders Equity section of
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Reporting stockholders’ equity Obj. 6 Using the following accounts and balances, prepare the “Stockholders’ Equity” section of the balance sheet. Five hundred thousand shares of common stock are authorized, and 40,000 shares have been reacquired.
Common Stock, $120 par $48,000,000 Paid-In Capital from Sale of Treasury Stock 4,500,000 Paid-In Capital in Excess of Par—Common Stock 6,400,000 Retained Earnings 63,680,000 Treasury Stock 5,200,000 AppendixLO1
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Related Book For
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones
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