Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. 90,000...

 

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Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. 90,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, $30 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock $1,620,000 81,000 270,000 940,000 42,000 Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. 90,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, $30 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock $1,620,000 81,000 270,000 940,000 42,000

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