Using the following accounts and balances, prepare the Stockholders' equity section of the balance sheet. Fifty thousand

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Using The Following Accounts And Balances Prepare The Stockholders Equity Section Of The Balance Sheet Fifty Thousand 1 (108.41 KiB) Viewed 39 times

Using the following accounts and balances, prepare the Stockholders' equity section of the balance sheet. Fifty thousand shares of common stock are authorized, and 3,000 shares have been reacquired. Common Stock, $40 par $1,280,000 Paid-In Capital in Excess of Par 192,000 Paid in Capital from Sale of Treasury Stock 6,040 Retained Earnings 164,000 Treasury Stock 4,540 Stockholders' Equity Paid-in capital Total Total stockholders' equity 000⁰000