Statement of stockholders' equity on january 1, the credit balance of the retained earnings account was $51,000. the company's common stock account had an opening balance of $73,000. $9,000 in new capital contributions were made during the year. on december 31, at year-end, the dividends account had a debit balance of $12,700 before closing. the income statement shows net income of $32,900.prepare a statement of stockholders' equity for strife& company, architectural design firm.
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Statement of stockholders' equity on january 1, the credit balance of the retained earnings account...
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