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Melcher cur-rently holds those shares in treasury prepare

Question - Melcher, Inc., originally sold 100,000 shares of its $ 10 par value common stock at $ 25 per share. Several years later the company repurchased 10,000 of these shares at $ 55 per share. Melcher cur-rently holds those shares in treasury. Prepare the company's stockholders' equity section of the balance sheet to reflect this information.

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Accounting Basics: Melcher cur-rently holds those shares in treasury prepare

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Accounting Basics: Melcher cur-rently holds those shares in treasury prepare

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