Inside Incorporated was issued a charter on January 15, 2013, that authorized the following capital...
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Accounting
Inside Incorporated was issued a charter on January 15, 2013, that authorized the following capital stock: During 2013, the following selected transactions were completed in the order given: a. Issued 23,000 shares of the $6 par common stock at $21 cash per share. b. Issued 3, 300 shares of preferred stock at $25 cash per share. c. At the end of 2013, the accounts showed net income of $41,000. 1. Prepare the stockholders' equity section of the balance sheet at December 31, 2013
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