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Current Attempt in Progress Coronado Ltd. has retained earnings of NT$723,800 at January 1, 2022. Net income during 2022 was NT$1,406,200, and cash dividends
Current Attempt in Progress Coronado Ltd. has retained earnings of NT$723,800 at January 1, 2022. Net income during 2022 was NT$1,406,200, and cash dividends declared and paid during 2022 totaled NT$79,200. Prepare a retained earnings statement for the year ended December 31. 2022. Assume an error was discovered: Land costing NT$89,860 (net of tax) was charged to repairs expense in 2021. (List items that increase retained earnings first.) CORONADO LTD Retained Earnings Statement For the Year Ended December 31, 2022 NT$ NT$
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