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Prepare the stockholders equity section at december 31

The following accounts appear in the ledger of Ortiz Inc. after the books are closed at December 31.

Instructions

Prepare the stockholders' equity section at December 31, assuming retained earnings is restricted for plant expansion in the amount of$100,000.

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Accounting Basics: Prepare the stockholders equity section at december 31

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Accounting Basics: Prepare the stockholders equity section at december 31

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