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need help fast Sement-player/timed/assessments/c81713 065bcac5890598714bdabalacf6a074585d1c3999ed1cc47 View Policies Current Attempt in Progress The stockholders' equity section of Metlock, Inc. balance sheet at December 31, 2019. appears
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Sement-player/timed/assessments/c81713 065bcac5890598714bdabalacf6a074585d1c3999ed1cc47 View Policies Current Attempt in Progress The stockholders' equity section of Metlock, Inc. balance sheet at December 31, 2019. appears below: Stockholders' equity Paid-in capital Common stock, $10 par value, 490,000 shares authorized: 390,000 issued and outstanding Paid in capital in excess of par Total paid-in capital Retained earnings Total stockholders' equity $3,900,000 1.240.000 5,140,000 820.000 $5.960.000 During 2020, the following stock transactions occurred: Jan. 18 Issued 82.000 shares of common stock at $22 per share, Aug. 20 Purchased 21,000 shares of Metlock, Inc. common stock at $27 per share to be held in the treasury Prepare the journal entries to record the above stock transactions. (Credit account titles are automatically indented when the amount is entered D Date Account Titles and Explanation Debit Credit Prepare the stockholders' equity section of the balance sheet for Metlock, Inc. at December 31, 2020. Assume that net income for the year was $15 METLOCK, INC Balance Sheet (PartialStep by Step Solution
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