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I am stuck! Can anyone show me their work and help me figure this out :) I figured out the bottom answers but that is
I am stuck! Can anyone show me their work and help me figure this out :)
I figured out the bottom answers but that is it.
2. Prepare the stockholders' equity section of the balance sheet as of December 31, 2021. Net income for the year was $483,000. (Amounts to be deducted should be indicated by a minus sign.) MAJOR LEAGUE APPAREL Balance Sheet (Stockholders' Equity Section) December 31, 2021 Stockholders' Equity: Preferred Stock $ Common Stock Additional Paid-in Capital 530,000 100,000 630,000 Total Paid-in Capital Retained Earnings Treasury Stock Total Stockholders' Equity $ 630,000
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