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September 30 Beginning October 2 October 25 October 31 November 5 December 1 December 31 Balance $ 300,000 Common stock Common stock dividend distributable
September 30 Beginning October 2 October 25 October 31 November 5 December 1 December 31 Balance $ 300,000 Common stock Common stock dividend distributable Paid-in capital in excess of par, common stock $ 120,000 Retained earnings $ 380,000 Total equity $ 800,000 $ 0 $ 0 0 $ 0 $ 0 $
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
