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2019t0-ACG-3024-ZZZ-0470- x Chapter Homework 8 Homework Eastport Inc, was organized on June 5. 2018. It was authorized to issue 300 000 shares of $10 par

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2019t0-ACG-3024-ZZZ-0470- x Chapter Homework 8 Homework Eastport Inc, was organized on June 5. 2018. It was authorized to issue 300 000 shares of $10 par common stock and 50,000 shares of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $50 per share. The following stock transactions pertain to Eastport inc. t Issued 15.000 shares of common stock for $12 per share. 2. Issued 5,000 shares of the class A preferred stock for $51 per share 3 Issued 60,000 shares of common stock for $15 per share Requirecd Prepare the stockholders' equity section of the balance sheet immediately after these transactions have been recognized Balance Sheet (partiat For the Year Ended 2018 Total Paid-In Capital Total stockholders equity 3:15 Next > READY FOR YOU

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