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At December 31 Current Year Prior Year Common stock, $10 par value $ 114,000 $ 106,000 Paid-in capital in excess of par 573,000 345,000 Retained
At December 31 Current Year Prior Year Common stock, $10 par value $ 114,000 $ 106,000 Paid-in capital in excess of par 573,000 345,000 Retained earnings 319,500 293,500 The company's net income for the current year ended December 31 was $51,000.
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
