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TB EX Qu. 10-173 (Static) Prom Night Formal Wear has the following... Prom Night Formal Wear has the following stockholders' equity accounts at December
TB EX Qu. 10-173 (Static) Prom Night Formal Wear has the following... Prom Night Formal Wear has the following stockholders' equity accounts at December 31, 2024: Common Stock, $1 par value, 2,000,000 shares. Additional Paid-in Capital, $22 million, Retained Earnings, $15 million; and Treasury Stock, 50,000 shares. $1.25 million Required: Prepare the stockholders' equity section of the balance sheet. (Enter your answers in dollars, not in millions. For example, 5 million should be entered as 5,000,000. Amounts to be deducted should be indicated with a minus sign.) PROM NIGHT FORMAL WEARY Balance Sheet (Stockholders' Equity Section) Stockholders' equity December 31, 2024 Total paid-in capital Tutat stockholders equity
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