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Prepare stockholders equity section of beta balance sheet

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Reference no: EM131798307

Question - Beta Co. sold 10,000 shares of common stock, which has a par value of $25, for $27 per share. The company also sold 1,000 shares of $100 par value preferred stock for $110. Assume the balance in retained earnings is $100,000.

Required: Prepare the stockholders' equity section of Beta's balance sheet.

Reference no: EM131798307

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