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Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 20,000 shares of common stock authorized, and
Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 20,000 shares of common stock authorized, and 10,000 shares have been reacquired.
Common Stock, $50 par $800,000
Paid-In Capital from Sale of Treasury Stock 32,000
Paid-In Capital in Excess of ParCommon Stock 160,000
Retained Earnings 400,000
Treasury Stock 21,000
Balance Sheet Stockholders' Equity Paid-in capital: Common Stock, $50 Par (20,000 Shares Authorized, 16,000 Shares Issued) Cash Paid-in capital, common stock From Sale of Treasury Stock h Total paid-in capital Excess of Issue Price Over Par Total Total stockholders' equity $
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