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Compute the total equity at december

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Question - The Messacar Company's January 1 balance sheet included Total Equity of $100,000. During the year, 1,000 Common Shares (par $10) were issued for $14,000. Fifty shares of treasury shares were purchased for $15 each. Compute the Total Equity at December 31?

a. $110,000

b. $114,000

c. $114,750

d. $113,250

e. $109,250

Reference no: EM133184607

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