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Question Content Area Prepare the Stockholders' Equity Section Sabina Investigations has the following accounts...

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Accounting

Question Content Area

Prepare the Stockholders' Equity Section

Sabina Investigations has the following accounts on its trial balance.

Debit Credit
Retained earnings 1,500,000
Cash 125,000
Additional Paid-in CapitalCommon 10,000,000
Additional Paid-in CapitalPreferred 2,000,000
Accounts payable 75,000
Accounts receivable 150,000
Common stock, $2 par 800,000
Preferred stock, $10 par 600,000
Inventory 500,000
Treasury stockcommon (40,000 shares) 250,000
Accumulated other comprehensive income 50,500

Required:

Prepare the stockholders' equity portion of Sabina's balance sheet.

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