Wildcat Drilling has the following accounts on its trial balance. Required: Prepare the stockholders equity portion of
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Prepare the stockholders€™ equity portion of Wildcat€™s balance sheet.
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Debit Credit Retained Earnings Cash Additional Paid-In Capital-Common Additional Paid-In Capital Preferred Accounts Payable Accounts Receivable Common Stock, $1 par Proferred Stock, $10 por Inventory Treasury Stock-Common (30,000 shares Accumulated Other Comprehensive Income 600,000 825,000 3,100,000 400,000 345,000 410,000 600,000 340,000 1,300,000 382,000 70,000
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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