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Account balances of Machado Co. at August 31, 20X6 are as follows: Dividends Payable.. Preference Shares, $150 par... Paid-in Capital in Excess of Par-Ordinary Shares
Account balances of Machado Co. at August 31, 20X6 are as follows: Dividends Payable.. Preference Shares, $150 par... Paid-in Capital in Excess of Par-Ordinary Shares Machado's total paid-in capital at August 31, 20X6 is OA. $1,387,500. B. $1,498,500. C. $1,400,000. D. $1,075,000. $ 12,500 Cash... 111,000 375,000 Ordinary Shares, $5 par 640,000 60,000 Retained Earnings... 325,000
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