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Use the following information to answer the question below. The following accounts appear in the ledger of Geico on December 31, 2018 Preferred Stock

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Use the following information to answer the question below. The following accounts appear in the ledger of Geico on December 31, 2018 Preferred Stock $30,000 Common Stock 52,000 Additional Paid-in Capital, Preferred: 7,000 Additional Paid-in Capital, Common 18,000 Retained Earnings 40,000 A balance sheet prepared on December 31, 2018, would report total stockholders' equity of Answer: Fi

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