Question
Preferred stock, cumulative,10,667shares authorized,6,400shares issued and outstanding$640,000 Common stock, no par,775,862shares authorized,600,000shares issued2,400,000 Total paid-in capital3,040,000 Retained earnings1,191,000 Total paid-in capital and retained earnings4,231,000 Less:
Preferred stock, cumulative,10,667shares authorized,6,400shares issued and outstanding$640,000
Common stock, no par,775,862shares authorized,600,000shares issued2,400,000
Total paid-in capital3,040,000
Retained earnings1,191,000
Total paid-in capital and retained earnings4,231,000
Less: Treasury stock (5,800common shares)30,933
Total stockholders' equity
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
2nd Canadian Edition
0471413658, 978-0471413653
