Eastport inc. was organized on June 5, Year 1. It wis authorized to issue 470,000...
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Accounting
Eastport inc. was organized on June Year It wis authorized to issue shares of $ par common stock and shares of $ percent cumulative class A preferred stock. The class A stock had a stated value of $ per share. The following stock transactions pertain to Eastport inc:
Issued shares of common stock for $ per share.
Issued shares of the class A preferred stock lor $ per share.
Issued shares of common stock for $ per share.
Required
Prepare the stockholders' equily section of the balance sheet immedlately atter these transactions have been recognized.
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