From the following, prepare in proper form a statement of retained earnings for Johnson Company for the year ended December 31, 2019 Retained Earnings, January 1, 2019 Prior period adjustment overstated expense for Land in 2017 (disregard taxes) $35,000 $18,000 Net Income, 2019 $58,000 Dividends De...

JOHNSON COMPANY STATEMENT OF RETAINED EARNINGS YEAR ENDED DECEMBER 31 ...

From the following, prepare in proper form a statement of retained earnings for Johnson Company for the

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From the following, prepare in proper form a statement of retained earnings for Johnson Company for the year ended December 31, 2019.

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From the following, prepare in proper form a statement of retained earnings for Johnson Company for the

Question:

Retained Earnings, January 1, 2019 Prior period adjustment: overstated expense for Land in 2017 (disregard taxes) $35,000 $18,000 Net Income, 2019 $58,000 Dividends Declared, 2019 $15,000

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