Equity Accounts - Common Products has just made its first issue of stock.It raised $2 million by
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Question:
Equity Accounts - Common Products has just made its first issue of stock.It raised $2 million by selling 200,000 shares of stock to the public.These are the only shares outstanding.The par value of each share was $2.Fill in the following table (LO14-3)
Common Shares (par value) ____________
Additional Paid in capital _______________
Retained Earnings _____________________
Net Common Equity$2,500,000
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