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Business, 06.07.2021 19:00 kangasc6124

The following information is from Princeton Company's comparative balance sheets . At December 31 Common stock , $ par value Paid - in capital in excess of par Retained earnings Current Prior Year Year $ 124,000 $ 118,000 585,000 351,000 331,500 305,500 The company's net income for the current year ended December 31 was $ 57,000 . 1. Complete the T - accounts to calculate the cash received from the sale of its common stock during the current year .

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The following information is from Princeton Company's comparative balance sheets . At December 31 Co...
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