=+Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. Sixty thousand

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=+Using the following accounts and balances, prepare the Stockholders’ Equity section of the balance sheet. Sixty thousand shares of common stock are authorized, and 4,000 shares have been reacquired. Common Stock, $80 par $4,000,000 Paid-In Capital in Excess of Par 630,000 Paid-In Capital from Sale of Treasury Stock 66,000 Retained Earnings 2,220,000 Treasury Stock 360,000

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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