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Eco Build Company reports the following components of stockholders equity on January 1. Common stock$10 par value, 110,000 shares authorized, 40,000 shares issued and outstanding
Eco Build Company reports the following components of stockholders equity on January 1. Common stock$10 par value, 110,000 shares authorized, 40,000 shares issued and outstanding $ 400,000 Paid-in capital in excess of par value, common stock 60,000 Retained earnings 330,000 Total stockholders' equity $ 790,000 During the year, the following transactions affected its stockholders equity accounts. January 2 Purchased 4,000 shares of its own stock at $23 cash per share. January 5 Directors declared a $
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