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Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. There are 50,000 shares of common stock authorized, and 4,000
Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. There are 50,000 shares of common stock authorized, and 4,000 shares have been reacquired. $2,100,000 Common Stock, $ 60 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock 84,000 805,000 987,000 Retained Earnings Treasury Stock 42,000 Stockholders' Equity Paid-In Capital: Paid-in capital, common stock Total Paid-in Capital Total Total Stockholders' Equity
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