Solution-Prepare the stockholders equity section of the

Prepare the stockholders equity section of the balance sheet

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Reference no: EM131132017

1. Ermler Corporation has the following accounts at December 31: Common Stock, $10 par, 5,000 shares issued, $50,000; Paid-in Capital in Excess of Par Value $20,000; Retained Earnings $45,000; and Treasury Stock-Common, 500 shares, $11,000. Prepare the stockholders' equity section of the balance sheet.

Reference no: EM131132017

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Prepare the stockholders equity section of the balance sheet : Paid-in Capital in Excess of Par Value $20,000; Retained Earnings $45,000; and Treasury Stock-Common, 500 shares, $11,000. Prepare the stockholders' equity section of the balance sheet.

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Prepare the stockholders equity section of the balance sheet

Reference no: EM131132017

Reference no: EM131132017

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