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The company's net income for the year 2017 ended December 31, 2017 was 68,000 Complete the T account to calculate the cash received from the
The company's net income for the year 2017 ended December 31, 2017 was 68,000 Complete the T account to calculate the cash received from the sale of its common stock during 2017 . Common stock, par $10 - 2017 -144,000, 2016 -140,000 paid-in capital in excess of par 2017- 607,000, 2016 -362,000 Retained Earnings, 2017-353,500-2016-327,500
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