Prepare stock holders equity section of the balance sheet


Moran corporation has these accounts at December 31:common stock,$10 par, 5000 shares issued,$50,000;paid in capital in excess of par value $18,000, retained earning $42,000, and treasury stock-common, 500 share,$12,000.prepare the stock holders equity section of the balance sheet.

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Accounting Basics: Prepare stock holders equity section of the balance sheet
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