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The following information is from Princeton Company's comparative balance sheets. The company's net income for the current year ended December 31 was $62,000. 1. Complete
The following information is from Princeton Company's comparative balance sheets. The company's net income for the current year ended December 31 was $62,000. 1. Complete the T-accounts to calculate the cash recelved from the sale of its common stock during the current year. 2. Complete the T-account to calculate the cash paid for dividends during the current year
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