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. Fifty thousand shares of common stock are authorized, and 5,000 shares have been reacquired. Common Stock, $60 par $1,980,000 Paid-In Capital in Excess of Par 138,060 Paid-In Capital from Sale of Treasury Stock 6,060 Retained Earnings 114,000 Treasury Stock 4,560
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