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Make a statement of stockholders equity for strife

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On January 1, the credit balance of the Retained Earnings account was $203,500. The company's Common Stock account had an opening balance of $225,500. $161,500 in new capital contributions were made during the year. On December 31, at year-end, the Dividends account had a debit balance of $165,200 before closing. The income statement shows net income of $185,400.

Problem 1: Make a Statement of Stockholders' Equity for Strife & Company, architectural design firm.

Reference no: EM132664388

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