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The financial statements of Wellman Employment Services, Inc., reported the following accounts (adapted, with dollar amounts in thousands except for par value): Prepare the stockholders'
The financial statements of Wellman Employment Services, Inc., reported the following accounts (adapted, with dollar amounts in thousands except for par value): Prepare the stockholders' equity section of Wellman's balance sheet. Net income has already been closed to Retained Earnings. Solution: Stockholders' Equity (Thousands) Common stock, $0.01 par, 300 shares issued Paid-in capital in excess of par Total paid-in capital Retained earnings Other stockholders' equity Total stockholders' equity
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