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The Following Accounts Appear in the Ledger of Rowlands Inc

Question 169

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The following accounts appear in the ledger of Rowlands Inc. after the books are closed at December 31 2017. The following accounts appear in the ledger of Rowlands Inc. after the books are closed at December 31 2017. Instructions Prepare the stockholders' equity section at December 31 2017 assuming that retained earnings is restricted for plant expansion in the amount of $200000. Instructions
Prepare the stockholders' equity section at December 31 2017 assuming that retained earnings is restricted for plant expansion in the amount of $200000.

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