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What statement of shareholders equity should report

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Reference no: EM132737624

On April 1, 20x9, Hyde Corp., a newly formed company, had the following stock issued and outstanding:

Ordinary shares, 1 par value, 20,000 shares originally issued for 30 per share.
Preference shares, 10 par value, 6,000 shares originally issued for 50 per share.

Problem 1: Hyde's April 1, 20x9, statement of shareholders' equity should report? show the solution and explain.

Reference no: EM132737624

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