Question
Bevins Company issued 10,000 shares of $20 par value common stock at $24 per share. Two years later the company had $35,000 in Retained Earnings.
Bevins Company issued 10,000 shares of $20 par value common stock at $24 per share. Two years later the company had $35,000 in Retained Earnings. At that time the company reacquired 1,000 shares of its own stock at a cost of $30 per share. What is the balance in Total Stockholder's Equity?
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College Accounting
Authors: James A Heintz, Robert W Parry
20th Edition
538745215, 978-1111624743
