The stockhoiders' equity accounts of Ripley Corporation on January 1, 2022, were as follows. Preferred...
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The stockhoiders' equity accounts of Ripley Corporation on January 1, 2022, were as follows. Preferred Stock ( 8%,$100 par noncumulative; 5,000 shares authorized) $400,000 Common Stock ( $10 stated value, 800,000 shares authorized) 1,500,000 Paid-in Capital in Excess of Par Value - Preferred Stock 55,000 Paid-in Capital in Excess of Stated Value -Cominon Stock 880.000 Retained Earnings 760,000 Treasury Stock (8,000 common shares) 64,000 The stockhoiders' equity accounts of Ripley Corporation on January 1, 2022, were as follows. Preferred Stock ( 8%,$100 par noncumulative; 5,000 shares authorized) $400,000 Common Stock ( $10 stated value, 800,000 shares authorized) 1,500,000 Paid-in Capital in Excess of Par Value - Preferred Stock 55,000 Paid-in Capital in Excess of Stated Value -Cominon Stock 880.000 Retained Earnings 760,000 Treasury Stock (8,000 common shares) 64,000
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