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Exercise 13-11 The following stockholders equity accounts, arranged alphabetically, are in the ledger of Bridgeport Corporation at December 31, 2020. Common Stock ($6 stated value)

Exercise 13-11

The following stockholders equity accounts, arranged alphabetically, are in the ledger of Bridgeport Corporation at December 31, 2020.

Common Stock ($6 stated value) $2,052,000
Paid-in Capital in Excess of ParPreferred Stock 278,000
Paid-in Capital in Excess of Stated ValueCommon Stock 932,000
Preferred Stock (8%, $103 par) 515,000
Retained Earnings 1,200,000
Treasury Stock (10,000 common shares) 120,000

Prepare the stockholders equity section of the balance sheet at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question.)

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