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11. Kendrick Corporation was organized on January 2, 2011. During 2011, Kendrick issued 20,000 shares at $24 per share, purchased 3,000 treasury shares at $25
11. Kendrick Corporation was organized on January 2, 2011. During 2011, Kendrick issued 20,000 shares at $24 per share, purchased 3,000 treasury shares at $25 per share, and had net income of $300,000. What is the total amount of equity at December 31, 2011? (3 Points) $640,000 $720,000 $705,000 $702,000
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Accounting A Comprehensive Guide For Beginners
Authors: Robert McCarthy
1st Edition
1638180474, 978-1638180470
