Summit apparel has the following accounts at december 31: common stock, $1 par value, 1,700,000 shares issued; additional paid-in capital, $17.70 million; retained earnings, $10.70 million; and treasury stock, 57,000 shares, $1.254 million. prepare the stockholders’ equity section of the balance sheet.
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Summit apparel has the following accounts at december 31: common stock, $1 par value, 1,700,000 sha...
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