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Business, 17.03.2020 04:37 mdngndntbdnbd

At December 31, Idaho Company had the following ending account balances:

Retained Earnings $250,000
Preferred Stock ($100 par, 7% cumulative, 10,000 authorized, 5,000 issued and outstanding) 500,000
Treasury Stock 40,000
Paid-In Capital in Excess of Par—Common Stock 625,000
Paid-In Capital in Excess of Par—Preferred Stock 50,000
Common Stock ($5 par value, 500,000 shares authorized, 105,000 issued) 525,000
Required:
Prepare the Stockholders' equity section of the balance sheet in good form with all of the required disclosures. Refer to the lists of Amount Descriptions provided for the exact wording of the answer choices for text entries. "Deduct" will automatically appear if required. Enter all numbers as positive numbers.

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At December 31, Idaho Company had the following ending account balances:

Retained Earni...
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