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Omega Co. sold 10,000 shares of common stock, which has a par value of $8, for $13 per share. The company's balance in retained earnings
Omega Co. sold 10,000 shares of common stock, which has a par value of $8, for $13 per share. The company's balance in retained earnings is $75,000. Prepare the stockholders' equity section of the company's balance sheet. 3 Answer is complete but not entirely correct. Omega Co Balance Sheet (Partial Stockholders' equity Additional paid-in Common stock 80,000 Additional paid-i50,000 Cash Retained earnings 75,000 capital Total stockholders' equity $205,000 Prev 1 of 9Next >
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