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9/ The following accounts and their balances were selected from the unadjusted trial balance of Mal year wholesale company in the salvage business at November

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9/ The following accounts and their balances were selected from the unadjusted trial balance of Mal year wholesale company in the salvage business at November 30, 2019 which is the end of the Maco Corp., a the fiscal year: Preferred stock 1% $50 par Paid in capital in Excess of Par-Preferred Stock Common Stock, $10 par Paid in capital in Excess of Par Paid in Capital from Sale of Treasury Stock Treasury Stock Retained Earnings $900,000 75,000 250,000 400,000 385,000 90,000 4,000,000 portion and Stockholders' Equity section of the balance sheet. There an soo000 shares of common stock authorized and 40,000 shares of preferred stock authorized and 600 shares have been reacquired

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