Using the following information, prepare the Stockholders’ equity section of the balance sheet. 70,000 shares of common stock are authorized and 7,000 shares have been reacquired. Common Stock, $75 par Paid-In Capital in Excess of Par Paid-In Capital from Sale of Treasury Stock Retained Earnings Treasury Stock $4,725,000 679,000 25,200 2,032,800 600,000

Cornerstones of Financial Accounting
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Chapter10: Stockholder's Equity
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Using the following information, prepare the Stockholders’ equity section of the balance sheet. 70,000 shares of common stock are authorized and 7,000 shares have been reacquired.

Common Stock, $75 par
Paid-In Capital in Excess of Par
Paid-In Capital from Sale of Treasury Stock Retained Earnings
Treasury Stock

$4,725,000 679,000 25,200 2,032,800 600,000

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