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Prepare the stockholders' equity section of Waldemar Corporation's balance sheet from the following accounts and balances on December 31, 2014: Common Stock, $10 par value,
Prepare the stockholders' equity section of Waldemar Corporation's balance sheet from the following accounts and balances on December 31, 2014:
Common Stock, $10 par value, 30,000 shares authorized, 20,000 shares issued, and 19,500 shares outstanding | $200,000 |
Additional Paid-in Capital | 100,000 |
Retained Earnings | 15,000 |
Treasury Stock, Common (500 shares, at cost) | 7,500 |
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