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please provide step by step not handwritten Instructions: (a) Prepare a 2010 retained earnings statement for McEntire Corporation ear income 125 160000 declared The followin

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Instructions: (a) Prepare a 2010 retained earnings statement for McEntire Corporation

ear income 125 160000 declared The followin information relates to 2010: Prior ad' ustment: Understatement of d se. Befo Cumulative decrease in income from changc in inventory methods (bcfore Dividends declared of this amoun S2S will bc on Jan, 15 2011 Effective t rate (a) prepare a retained earnings Statement for McEntire Corporation. S45.000 100000

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