Business
Business, 25.12.2019 04:31, nathangirnet

Summit apparel has the following accounts at december 31: common stock, $1 par value, 1,400,000 shares issued; paid-in capital, $17.40 million; retained earnings, $10.40 million; and treasury stock, 54,000 shares, $1.188 million.

prepare the stockholders’ equity section of the balance sheet. (amounts to be deducted should be indicated with a minus sign. enter your answers in dollars, not in millions.)

find the additional paid-in capital, treasury stock, retained earnings.

and after additional paid-in capital, there is one more thing missing.

answer
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Summit apparel has the following accounts at december 31: common stock, $1 par value, 1,400,000 sha...

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