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—common stock
  (c) Retained earnings
  (d) Treasury stock
  (e) Paid-in capital from treasury stock
  (f) Paid-in capital in excess of stated value—common stock
  (g) Preferred stock

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Financial and managerial accounting

ISBN: 978-1118016114

1st edition

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

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