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Using the following accounts and balances, prepare the “Stockholders’ Equity” section of the balance sheet. 60,000 shares of common stock authorized, and 4,000 shares have been reacquired.


Common Stock, $50 par $2,400,000

Paid-In Capital from Sale of Treasury Stock 48,000

Paid-In Capital in Excess of Par—Common Stock 576,000

Retained Earnings 1,368,000

Treasury Stock 25,000

Respuesta :

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The total Stockholders’ Equity  is $4,367,000

Total Stockholders’ Equity

Common Stock, $50 par $2,400,000

Paid-In Capital in Excess of Par—Common Stock $576,000

Paid-In Capital from Sale of Treasury Stock $48,000

Total paid in capital $3,024,000

Retained Earnings $1,368,000

Less Treasury stock  $25,000

Total Stockholders’ Equity $4,367,000

Therefore the total Stockholders’ Equity  is $4,367,000.

Learn more about total Stockholders’ Equity here:https://brainly.com/question/15709882

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