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Posted: June 15th, 2022
The following stockholders’ equity accounts, arranged alphabetically, are in the ledger of Marvel Corporation at December 31, 2014.Common Stock ($5 stated value)$2,800,000Paid-in Capital in Excess of Par ValueâPreferred Stock45,000Paid-in Capital in Excess of Stated ValueâCommon Stock1,050,000Preferred Stock (8%, $100 par, noncumulative)1,000,000Retained Earnings1,684,000Treasury Stock (10,000 shares)98,000Prepare the stockholdersâ equity section of the balance sheet at December 31, 2014.
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