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Question: exercise 119 the following stockholders equity accounts arranged alphabetically are...

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Exercise 11-9 The following stockholders equity accounts, arranged alphabetically, are in the ledger of Culver Corporation at December 31, 2017 Common Stock ($4 stated value) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $100 par, noncumulative) Retained Earnings Treasury Stock (20,400 common shares) $2,720,000 76,500 1,785,000 1,020,000 2,267,800 122,400 Prepare the stockholders equity section of the balance sheet at December 31, 2017. (Enter account name only and do not provide descriptive information.) CULVER CORPORATION Partial Balance Sheet

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