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  3. using the following accounts and balances, prepare

Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet....

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Accounting

image Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. 30,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, $40 par $720,00029,000144,000346,00018,000 Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock Balance Sheet Stockholders' Equity Paid-in capital: Common Stock, \$40 Par (30,000 Shares Authorized, 18,000 Shares Issued) Excess of Issue Price Over Par Paid-in capital, common stock From Sale of Treasury Stock Total paid-in capital Retained Earnings Total Treasury Stock Total stockholders' equity

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