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Prepare the stockholders equity section of the balance sheet

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Reference no: EM133184168

Question - United Apparel has the following balances in its stockholders' equity accounts on December 31, 2024: Treasury Stock, $730,000; Common Stock, $480,000; Preferred Stock, $2,400,000; Retained Earnings, $1,600,000; and Additional Paid-in Capital, $7,600,000. Prepare the stockholders' equity section of the balance sheet for United Apparel as of December 31, 2024.

Reference no: EM133184168

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