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    Stock holder Equity for Accounting?

    The following accounts appear in the ledger of Rosswell Inc. after the books are closed at December 31, 2010. Common Stock (no-par, $1 stated value, 408,000 shares authorized, 265,000 shares issued) $265,000 Paid-in Capital in Excess of Stated Value — Common Stock 1,254,100 Preferred Stock...
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