14.2 The Eastern Spruce equity accounts for last year are as follows a. Fill in the missing...

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14.2 The Eastern Spruce equity accounts for last year are as follows

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a. Fill in the missing numbers.

b. Eastern decided to issue 1,000 shares of new stock. The current price is $30 per share.
Show the effects of the new issue upon the equity accounts.

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Jul 26, 2024 02:01 AM

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14.2 The Eastern Spruce equity accounts for last year are as follows a. Fill in the missing...

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Common stock, $1 par, 500 shares outstanding Capital surplus Retained earnings Total (1) $ 50,000 100,000 (2)

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Corporate Finance

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