Equity Accounts The Eastern Spruce equity accounts for last year are as follows: a. What are the
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Equity Accounts The Eastern Spruce equity accounts for last year are as follows:
a. What are the common stock and total equity values for the equity account?
b. The company has decided to issue 5,000 shares of stock at a price of $30 per share. Show the effects of the new issue on the equity accounts.
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