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Using the following accounts and balances, prepare the "Stockholders Equity" section of the balance sheet....

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Accounting

Using the following accounts and balances, prepare the "Stockholders Equity" section of the balance sheet. 20,000 shares of common stock authorized and 1,000 shares have been reacquires.
Common stock, $70 par- $840,000
Paid in capital from sale of treasury stock-34,000
Paid in capital from excess of par-Common stock-300,000
Retained Earnings-479,000
Treasury Stock-16,000
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