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8. The Company issue 25,000 common shares at $25 per share. Par value is $1. The Retained Earnings balance is $20,000. Prepare the Equity Section

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8. The Company issue 25,000 common shares at $25 per share. Par value is $1. The Retained Earnings balance is $20,000. Prepare the Equity Section 9. Refer to #8, if the Company repurchases 1,000 shares from the stockholders, prepare the Equity Section after the repurchases

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