On December 31, Westworld Inc. has the following equity accounts and balances: Retained Earnings, $45,500;...
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On December 31, Westworld Inc. has the following equity accounts and balances: Retained Earnings, $45,500; Common Stock, $1,100; Treasury Stock, $2,100; Paid-In Capital in Excess of Par Value, Common Stock, $39,100; Preferred Stock, $7,100; and Paid-In Capital in Excess of Par Value, Preferred Stock, $3,100. Prepare the stockholders' equity section of Westworld's balance sheet. (Amounts to be deducted should be indicated by a minus sign.) WESTWORLD INC. Stockholders' Equity Section of Balance Sheet December 31 Total stockholders' equity
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