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Business, 26.09.2019 21:20 brianlykid3042

At the beginning of the year (january 1), buffalo drilling has $10,000 of common stock outstanding and retained earnings of $7,000. during the year, buffalo reports net income of $7,300 and pays dividends of $2,000. in addition, buffalo issues additional common stock for $6,800.prepare the statement of shareholer'sequity in the end of the year.

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At the beginning of the year (january 1), buffalo drilling has $10,000 of common stock outstanding a...
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