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At December? 31, 2014?, Sullivan Corporation reported the? stockholders' equity accounts shown here? (with dollar amounts in? millions, except share? amounts). 2015 equity transactions were
At December? 31, 2014?, Sullivan Corporation reported the? stockholders' equity accounts shown here? (with dollar amounts in? millions, except share? amounts).
2015 equity transactions were recorded as? follows:
?Sullivan's 2015 transactions included the? following:
Prepare the? stockholders' equity section of the? company's balance sheet at December? 31, 2015. ?(Enter the accounts in the proper order for the?stockholders' equity section of the balance sheet. Use parentheses or a minus sign for numbers to be? subtracted.)
Common stock, $3.00 par value per share, 21 million shares issued. Paid-in capital in excess of par value Retained earnings Treasury stock, at cost 63 32 280 (20) 355 Total stockholders' equityStep by Step Solution
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