Question: Alignment G17 BcDE F G H K 1 Exercise 6 L M N O The following accounts appear in the ledger of Alexis Inc. after

 Alignment G17 BcDE F G H K 1 Exercise 6 L

Alignment G17 BcDE F G H K 1 Exercise 6 L M N O The following accounts appear in the ledger of Alexis Inc. after the books are closed at December 31. Common Stock, no par, $1 stated value, 400,000 shares authorized; 300,000 shares issued $300,000 CAS APIC Paid-in Capital in Excess of Stated Value-Common Stock 1,200,000 -TS ova Preferred Stock, $5 par value, 8%, 40,000 shares authorized; 30,000 shares issued 150,000 Retained Earnings 564,000 Treasury Stock (10,000 common shares) 35,000 Paid-in Capital in Excess of Par-Preferred Stock 50,000 Instructions Prepare the stockholders' equity section at December 31. %%%N

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