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< eBook Show Me How Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. 70,000 shares of commion stock
< eBook Show Me How Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. 70,000 shares of commion stock authorized, and 1,000 shares have been reacquired. Common Stock, $50 par Paid-In Capital from Sale of Treasury Stock- $2,100,000 84,000 Paid-In Capital in Excess of Par-Common Stock 630,000 Retained Earnings 1,092,000 Treasury Stock 50,000 Balance Sheet Stockholders' Equity Paid-in capital: Common Stock, $50 Par (70,000 Shares Authorized, 42,000 Shares Issued) Excess of Issue Price Over Par Paid-in capital, common stock From Sale of Treasury Stock Total paid-in capital Retained Earnings Total Treasury Stock Total stockholders' equity Check My Work Previous Next
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