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Beta Co. sold 10,000 shares of common stock, which has a par value of $25, for $27 per share. The company also sold 1,000 shares
Beta Co. sold 10,000 shares of common stock, which has a par value of $25, for $27 per share. The company also sold 1,000 shares of $100 par value preferred stock for $110. Assume the balance in retained earnings is $100,000. |
Prepare the stockholders' equity section of Beta's balance sheet. (Omit the "$" sign in your response.) |
Stockholders' equity: | |
$ | |
Additional paid-in capital: | |
| |
Total stockholders' equity | $ |
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