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How do I filled out the Stockholder equity section of the Balance sheet? Total stockholders' equity 12/31/2014 1,288,000 Common stock PV $2, authorized 400,000; issued
How do I filled out the Stockholder equity section of the Balance sheet?
Total stockholders' equity 12/31/2014 1,288,000 Common stock PV $2, authorized 400,000; issued 180,000 at an average issue price of 4.75 Balance is retained earnings. During 2015 Company issued 5,000 shares for 40,000 Company has net income of 77.000 and declared dividends of 40,000 Prepare the stockholders' equity section of the balance sheet as it would be presented in a classified balance sheetStep by Step Solution
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