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  3. on december 31, westworld incorporated has the fol

On December 31, Westworld Incorporated has the following equity accounts and balances. Preferred Stock Common...

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Accounting

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On December 31, Westworld Incorporated has the following equity accounts and balances. Preferred Stock Common Stock Treasury Stock $ 7,600 Retained Earnings 1,600 Paid-In Capital in Excess of Par Value, Common Stock 2,600 Paid-In Capital in Excess of Par Value, Preferred Stock $ 48,000 39,600 3,600 Prepare the stockholders' equity section of Westworld's balance sheet. (Amounts to be deducted should be indicated by a minus sign.) WESTWORLD INCORPORATED Stockholders' Equity Section of Balance Sheet December 31 Total stockholders' equity $ 0

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