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Metlock Ltd. has retained earnings of NT$681.500 at January 1, 2022. Net income during 2022 was NT$1.434,800, and cash dividends declared and paid during
Metlock Ltd. has retained earnings of NT$681.500 at January 1, 2022. Net income during 2022 was NT$1.434,800, and cash dividends declared and paid during 2022 totaled NT$81,300. Prepare a retained earnings statement for the year ended December 31, 2022. Assume an error was discovered: Land costing NT$88,800 (net of tax) was charged to repairs expense in 2021. (List items that increase retained earnings first.) METLOCK LTD Retained Earnings Statement NTS NT$
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Forensic Accounting and Fraud Examination
Authors: William Hopwood, george young, Jay Leiner
2nd edition
978-007813666, 78136660, 978-0078136665
