On January 1, 2017, Geffrey Corporation had the following
stockholders’ equity accounts.
Ordinary shares ($20 par value, 60,000 shares issued and
outstanding)
$1,200,000
Share primum —ordinary
shares
200,000
Retained
Earnings
600,000
During the year, the following transactions
occurred:
On January 1, 2017, Geffrey Corporation had the following stockholders’ equity accounts. Ordinary shares ($20 par value,
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