From the following partial mixed list, select the appropriate titles and prepare a stockholders equity section using
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From the following partial mixed list, select the appropriate titles and prepare a stockholders’ equity section using the source-of-capital approach as shown in the Blueprint example for Reality Corporation on July 31, 202X.
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Office Equipment Land Paid-In Capital in Excess of Par Value-Preferred Building Accounts Receivable Notes Receivable Organization Costs Common Stock, $11 par value (65,000 shares issued and outstanding; 75,000 shares authorized) Retained Earnings Subscriptions Receivable-Common Stock Patents Preferred 10% Stock, $48 par value (6,600 shares issued; 10,500 shares authorized) Common Stock Subscribed at Par Paid-In Capital in Excess of Par Value-Common $ 90,000 175,000 125,000 105,000 110,000 35,000 9,000 715,000 203,000 75,000 10,000 316,800 280,000 19,000
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College Accounting A Practical Approach Chapters 1-25
ISBN: 9780137504282
15th Edition
Authors: Jeffrey Slater, Mike Deschamps
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