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Reporting stockholders' equity. Instructions Accounts and Amount Descriptions Stockholders' Equity Instructions Using the following accounts and balances, prepare the Stockholders' Equity section of the balance
Reporting stockholders' equity. Instructions Accounts and Amount Descriptions Stockholders' Equity Instructions Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. Refer to the lists of Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries. Two hundred fifty thousand shares of common stock are authorized, and 19,800 shares have been reacquired. Common Stock, $60par $11,400,000 Paid-In Capital from Sale of Treasury Stock 313,000 Paid-In Capital in Excess of Par-Common Stock 3,280,000 Retained Earnings 18,940,000 Accounts and Amount Descriptions Treasury Stock 1,287,000 Accounts and Amount Descriptions Common stock, S60 par (250,000 shares authorized, 182,500 shares issued) Common stock, $60 par (250,000 shares authorized, 190,000 shares issued) Stockholders' Equity ve feedt Dividends on common stock Stockholders' Equity Excess of issue price over par From sale of treasury stock 1 Paid-in capital: Issuance of additional common stock 2 Net income 3 Paid-in capital, common stock Purchase of treasury stock 4 Retained earnings 5 Total Total paid-in capital Total paid-in capital Total stockholders' equity Treasury stock (19,800 shares at cost) 9 Reporting stockholders' equity. Instructions Accounts and Amount Descriptions Stockholders' Equity Instructions Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. Refer to the lists of Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries. Two hundred fifty thousand shares of common stock are authorized, and 19,800 shares have been reacquired. Common Stock, $60par $11,400,000 Paid-In Capital from Sale of Treasury Stock 313,000 Paid-In Capital in Excess of Par-Common Stock 3,280,000 Retained Earnings 18,940,000 Accounts and Amount Descriptions Treasury Stock 1,287,000 Accounts and Amount Descriptions Common stock, S60 par (250,000 shares authorized, 182,500 shares issued) Common stock, $60 par (250,000 shares authorized, 190,000 shares issued) Stockholders' Equity ve feedt Dividends on common stock Stockholders' Equity Excess of issue price over par From sale of treasury stock 1 Paid-in capital: Issuance of additional common stock 2 Net income 3 Paid-in capital, common stock Purchase of treasury stock 4 Retained earnings 5 Total Total paid-in capital Total paid-in capital Total stockholders' equity Treasury stock (19,800 shares at cost) 9
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