Trane Corporation has the following stockholders' equity accounts: Preferred Stock, Paid-in Capital in Excess of Par-Preferred Stock, Common Stock, Paid-in Capital in Excess of Stated Value-Common Stock, Paid-in Capital from Treasury Stock-Common, Retained Earnings, and Treasury Stock-Common. Classify each account using 'x' mark from the following table headings. Paid-in Capital Account Capital Stock Additional Retained Earnings Other Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Common Stock Paid-in Capital in Excess of Stated Value-Common Stock

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Trane Corporation has the following stockholders' equity accounts: Preferred Stock, Paid-in Capital in Excess of Par-Preferred
Stock, Common Stock, Paid-in Capital in Excess of Stated Value-Common Stock, Paid-in Capital from Treasury Stock-Common,
Retained Earnings, and Treasury Stock-Common.
Classify each account using 'x' mark from the following table headings.
Paid-in Capital
Account
Capital Stock
Additional
Retained Earnings
Other
Preferred Stock
Paid-in Capital in Excess of Par-Preferred Stock
Common Stock
Paid-in Capital in Excess of Stated Value-Common Stock
Transcribed Image Text:Trane Corporation has the following stockholders' equity accounts: Preferred Stock, Paid-in Capital in Excess of Par-Preferred Stock, Common Stock, Paid-in Capital in Excess of Stated Value-Common Stock, Paid-in Capital from Treasury Stock-Common, Retained Earnings, and Treasury Stock-Common. Classify each account using 'x' mark from the following table headings. Paid-in Capital Account Capital Stock Additional Retained Earnings Other Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Common Stock Paid-in Capital in Excess of Stated Value-Common Stock
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