Prepare the stockholders equity section of the balance sheet

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Question - Pine Corporation has the following accounts at December 31: Common Stock, $8 par, 4,500 shares issued, $36,000; Paid-in Capital in Excess of Par-Common Stock $31,000; Retained Earnings $46,000; and Treasury Stock, 400 shares, $8,000.

Prepare the stockholders' equity section of the balance sheet.

Reference no: EM132499951

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