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The following accounts and their balances appear in the ledger of Young Properties Inc. on November 30 of the current year: Common Stock, $15 par
The following accounts and their balances appear in the ledger of Young Properties Inc. on November 30 of the current year: Common Stock, $15 par $189,000 Paid in Capital in Excess of Par 15,120 Paid-In Capital from Sale of Treasury Stock 8,200 Retained Earnings 312,000 Treasury Stock 11,685 Prepare the Stockholders' Equity section of the balance sheet as of November 30. Fifty thousand shares of common stock are authorized, and 615 shares have been reacquired. Young Properties Inc. Stockholders' Equity Section of the Balance Sheet November 30 Paid-In Capital: Total paid-in capital Total Total Stockholders' Equity
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