Find and create stockholders equity section of balance sheet

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Charleston Corporation has the following accounts at December 31:

Common Stock, $10 par 7,000 shares issued, $70,000;

Paid-in Capital in Excess of Par $10,000;

Retained Earnings $45,000; and

Treasury Stock-Common, 500 shares, $10,000.

Problem 1: Prepare the stockholders' equity section of the balance sheet.

Reference no: EM132730564

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