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  3. the following accounts and their balances were sel

The following accounts and their balances were selected from the adjusted trial balance of Block...

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Accounting

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The following accounts and their balances were selected from the adjusted trial balance of Block Ayala Group Inc, a freight forwarder at October 31, the end of the current fiscal year Common Stock, no pas $22 stated value $5,500,000 Paid In Capital From Sale of Treasury Stock 35,000 Paid In Capital in Excess of Par-Preferred Stock 165,000 Paid In Capital in Excess of Stated Value-Common Stock 380,000 Preferred 2% Stock, $110 par 6,050,000 Retained Esmings 31,036,000 Prepare the paid in Capital portion of the Stockholders Equity section of the balance sheet using Method to bit. There are 300,000 shares of common stock authored and 100,000 shares of preferred stock authorized Block Ayala Group Inc. Stockholders' Equity October 31 Paid in spital Preferred 2% Stock, $110 Par(100,000 Shares Authorized, 55,000 Shares Issued) 6,050,000 Excess Over Par 165,000 Retained Earnings x 6,215.000 Common Stock X 5.500,000 Common Stock X 380,000 Cashx 5.000.000 From Sale of Treasury Stock 35.000

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