=+$2,658,600 $2,343,900 ___________ ___________ __________ __________ Liabilities and Stockholders Equity Accounts payable (merchandise creditors) . . .

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=+$2,658,600 $2,343,900 ___________ ___________ __________ __________ Liabilities and Stockholders’ Equity Accounts payable (merchandise creditors) . . . . . . . . $ 512,500 $ 532,400 Bonds payable . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000 0 Common stock, $1 par. . . . . . . . . . . . . . . . . . . . . . 75,000 65,000 Paid-in capital in excess of par—common stock . . . . 520,000 310,000 Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . 1,401,100 1,436,500 ___________ __________

$2,658,600 $2,343,900 ___________ ___________ __________ __________

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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