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Brice Company completed the following transactions in Year 1 , the first year of operation. Issued 5 3 , 0 0 0 shares of no
Brice Company completed the following transactions in Year the first year of operation.
Issued shares of nopar common stock for $ per share.
Issued shares of $ par, percent, preferred stock for $ per share.
Paid a cash dividend of $ to preferred shareholders.
Issued a percent stock dividend on nopar common stock. The market value at the dividend declaration date was $ per share.
Later that year, issued a for split on the shares of outstanding common stock. The market price of the stock at that time was $ per share.
Produced $ of cash revenues and incurred $ of cash operating expenses.
Closed the revenue, expense, and dividend accounts to retained earnings.
b Prepare the stockholders' equity section of the balance sheet at the end of Year
tableBRICE COMPANYBalance Sheet partialDecember Year Stockholders equityTotal paidin capital,$Total stockholders' equity,$
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