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On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par...

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Accounting

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On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 94,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 940,000 326,000 1,040,000 $2,306,000

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