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Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 90,000 shares or common stock authorized, and 2,000 shares
Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 90,000 shares or common stock authorized, and 2,000 shares have been reacquired. Common Stock, $40 par $2,160,000 Paid-In Capital from Sale of Treasury Stock 130,000 Paid-In Capital in Excess of Par-Common Stock 756,000 Retained Earnings 1,166,000 Treasury Stock 68,000 Balance Sheet Stockholders' Equity Paid-in capital: Paid-in capital, common stock Total paid-in capital Total Total stockholders' equity
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