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The following stockholders equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017. Common Stock ($5 stated value)$1,500,000Paid-in Capital in
The following stockholders equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017.
Common Stock ($5 stated value)$1,500,000Paid-in Capital in Excess of ParPreferred Stock280,000Paid-in Capital in Excess of Stated ValueCommon Stock900,000Preferred Stock (8%, $100 par)500,000Retained Earnings1,234,000Treasury Stock (10,000 common shares)120,000
Prepare the stockholders equity section of the balance sheet at December 31, 2017
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