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Trane Corporation Has the Following Stockholders' Equity Accounts

Question 320

Essay

Trane Corporation has the following stockholders' equity accounts:
Preferred Stock
Paid-in Capital in Excess of Par-Preferred Stock
Common Stock
Paid-in Capital in Excess of Stated Value-Common Stock
Paid-in Capital from Treasury Stock-Common
Retained Earnings
Treasury Stock-Common
Instructions
Classify each account using the following tabular alignment. Trane Corporation has the following stockholders' equity accounts: Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Paid-in Capital from Treasury Stock-Common Retained Earnings Treasury Stock-Common Instructions Classify each account using the following tabular alignment.

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