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At December 31st, the Jeter Company had the following ending balances: Retained Earnings - $100,000 Preferred Stock ($100 par, 7% cumulative, 10,000 authorized, 5,000 issued
At December 31st, the Jeter Company had the following ending balances: Retained Earnings - $100,000 Preferred Stock ($100 par, 7% cumulative, 10,000 authorized, 5,000 issued and outstanding) - 500,000Treasury Stock - $35,000 Additional Paid In Capital - Common Stock - 400,000 Additional Paid In Capital - Preferred Stock - 50,000 Common Stock ($5.00 par value, 100,000 shares authorized, 60,000 issued) - 300,000 Prepare the stockholders' equity section of the balance sheet in good form with all of the required disclosure
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