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Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. There are 20,000 shares of common stock
Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. There are 20,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, $40 par $480,000 19,000 Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock 192,000 Retained Earnings 216,000 Treasury Stock 9,000 Stockholders' Equity Paid-In Capital: Paid-in capital, common stock Total Paid-in Capital Total $ Total Stockholders' Equity $
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