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Concord Corporation has these accounts at December 31: Common Stock, $10 par, 6,200 shares issued, $62,000; Paid-in Capital in Excess of Par Value $19,700; Retained

image text in transcribedConcord Corporation has these accounts at December 31: Common Stock, $10 par, 6,200 shares issued, $62,000; Paid-in Capital in Excess of Par Value $19,700; Retained Earnings $44,700; and Treasury Stock, 570 shares, $12,540. Prepare the stockholders equity section of the balance sheet.

Brief Exercise 11-8 Concord Corporation has these accounts at December 31: Common Stock, $10 par, 6,200 shares issued, $62,000; Paid-in Capital in Excess of Par Value $19,700; Retained Earnings $44,700; and Treasury Stock, 570 shares, $12,540 Prepare the stockholders' equity section of the balance sheet. Concord Corporation Balance Sheet (Partial) December 31 Paid-in Capital Capital Stock

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