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The Stockholders' Equity Section of the Balance Sheet for Pental

Question 93

Essay

The stockholders' equity section of the balance sheet for Pental, Inc., follows before the stock dividend.
 Common stock, $1 par, 100,000 shares issued and outstanding $100,000 Additional paid-in capital 50,000 Retained eamings 450,000 Total stockholders’ equity $600,000\begin{array}{lr}\text { Common stock, \$1 par, } 100,000 \text { shares issued and outstanding } & \$ 100,000 \\\text { Additional paid-in capital } & 50,000 \\\text { Retained eamings } & \underline{450,000} \\\text { Total stockholders' equity } & \underline{\$ 600,000}\end{array}
--------- Common stock

________ Additional paid-in capital

________ Retained earnings

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