Kendrick corporation was organized on january 2 2011 during, Ask an Expert

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Kendrick Corporation was organized on January 2, 2011. During 2011, Kendrick issued 20,000 shares at $24 per share, purchased 3,000 shares of treasury stock at $26 per share, and had net income of $300,000. What is the total amount of stockholders' equity at December 31, 2011?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9988138

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