Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders' Equity section of...
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Accounting
Reporting Stockholders' Equity
Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 50,000 shares of common stock authorized, and 10,000 shares have been reacquired.
| Common Stock, $50 par | $1,500,000 | |
| Paid-In Capital from Sale of Treasury Stock | 30,000 | |
| Paid-In Capital in Excess of ParCommon Stock | 480,000 | |
| Retained Earnings | 810,000 | |
| Treasury Stock | 16,000 | |
| Stockholders' Equity | ||
| Paid-In Capital: | ||
| $ | ||
| $ | ||
| Total Paid-in Capital | $ | |
| Total | $ | |
| Total Stockholders' Equity | $ | |
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