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Do It! Review 11-4a Blue Spruce Corp. has issued 110,000 shares of $6 par value common stock. It was authorized 504,000 shares. The paid-in capital
Do It! Review 11-4a Blue Spruce Corp. has issued 110,000 shares of $6 par value common stock. It was authorized 504,000 shares. The paid-in capital in excess of par value on the common stock is $260,000. The corporation has reacquired 6,500 shares at a cost of $54,000 and is currently holding those shares. It also had accumulated other comprehensive income of $67,500 The corporation also has 2,800 shares issued and outstanding of9%, $105 par value preferred stock. It authorized 10,100 shares. The paid-in capital in excess of par value on the preferred stock is $28,700. Retained earnings is $363,000 Prepare the stockholders' equity section of the balance sheet. (Enter account name only and do not provide descriptive information.) BLUE SPRUCE CORP. Balance Sheet (Partial) Stockholders' Equity Paid-in Capital Capital Stock Preferred Stock Click if you would like to Show Work for this question Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT
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