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Prepare stockholders equity section of beta balance sheet

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Problem 1: Beta Co. sold 10,000 shares of common stock, which has a par value of $25, for $28 per share. The company also sold 1,000 shares of $100 par value preferred stock for $110. Assume the balance in retained earnings is $80,000. Prepare the stockholders' equity section of Beta's balance sheet.

Reference no: EM132659513

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