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company has the following data: Additional paid-in capital 42,000 Common stock 42,000 Treasury stock 5,000 Loss on discontinued operations, net of tax 7,000 Income from
company has the following data:
| Additional paid-in capital | 42,000 |
| Common stock | 42,000 |
| Treasury stock | 5,000 |
| Loss on discontinued operations, net of tax | 7,000 |
| Income from continuing operations, net of tax | 4,300 |
| Retained earnings, January 1, 2022 | 237,000 |
The company did not pay dividends in 2022.
What is total stockholders' equity on the December 31, 2022 classified balance sheet?
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Advanced Level Audit Q And A 2014
Authors: ACA Simplified
1st Edition
1500852538, 978-1500852535
