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The following stockholders\' equity accounts arranged alphabetically are in the

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  • Business Computing
Last response: in Business Computing
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February 18, 2013 10:09:26 PM

The following stockholders' equity accounts arranged alphabetically are in the ledger of McGrath Corporation at December 31, 2011.








Common Stock ($10 stated value)

$1,500,000



Paid-in Capital from Treasury Stock

6,000



Paid-in Capital in Excess of Stated Value-Common Stock

690,000



Paid-in Capital in Excess of Par Value-Preferred Stock

288,400



Preferred Stock (8%, $100 par, noncumulative)

400,000



Retained Earnings

776,000



Treasury Stock-Common (8,000 shares)

88,000


Complete the stockholders' equity section at December 31, 2011. (List entries by the format used in the text. Enter all amounts as positive amounts and subtract where necessary.)

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February 18, 2013 11:47:07 PM

wtf
!