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Prepare Shareholders Equity section of Balance sheet

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Question - Pop Stop Company began operations on January 1, 2019 by issuing 54,000 common shares at $13 per share and 26.000 $8 cumulative preferred shares at $20 per share Duning 2019 Pop Stop issued an additional 8,000 common shares at $11 per share and 2,000 preferred shares at $30 per share 2019 profit was $355,000 and the Board declared $81,000 in dividends. Prepare the Shareholders Equity section of Pop Stop's Balance Sheet at December 31, 2019.

Reference no: EM132525339

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