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  3. problem 5 stockholders' equity section 10 points t

PROBLEM 5 STOCKHOLDERS' EQUITY SECTION 10 points The following accounts appear in the ledger of...

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PROBLEM 5 STOCKHOLDERS' EQUITY SECTION 10 points The following accounts appear in the ledger of Holiday Company at December 31, 2021. Common Stock, $1 stated value, 10,000 shares authorized, 3,000 shares issued 3,000 500 4,000 Common Stock Dividend Distributable Paid in capital in excess of stated value - common stock 6% Preferred Stock, $5 par value, 10,000 shares authorized, 1,000 shares issued Retained Earnings Treasury Stock (300 shares common) Paid in capital in excess of par- preferred stock Paid in capital - Treasury stock 5,000 6,000 1,000 3,000 100 Prepare the stockholders' equity section of the balance sheet at December 31, 2021. Sheet1 Sheet2 Sheet3

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