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The stockholders' equity account balances of ABC Company at January 1, 2023 are given below: Common stock ............ Paid in capital - common stock ..........
The stockholders' equity account balances of ABC Company at January 1, 2023 are given below: Common stock ............ Paid in capital - common stock .......... Retained earnings ..... January 1 448, eee 784, eee 266, eee During January, ABC entered into the following transactions: January 11: Re-acquired 21,000 shares of its outstanding common stock by paying $19 per share January 16: Re-issued 3,200 of shares re-acquired on January 11 for $13 per share January 21: Re-issued 3,200 of shares re-acquired on January 11 for $24 per share January 26: Re-issued 2,200 of shares re-acquired on January 11 for $10 per share calculate the balance in the retained earnings account after the above four transactions have been recorded
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