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Unformatted text preview: 42,000 Preferred 2% Stock, $100 par 480,000 Retained Earnings 3,903,000 Treasury StockCommon 120,000 Ten thousand shares of preferred and 250,000 shares of common stock are authorized. There are 12,000 shares of common stock held as treasury stock. Prepare the Stockholders Equity section of the balance sheet as of October 31, the end of the current year....
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- Summer '10