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The following information is for Amos company fost a. Retained earnings at December 31 of the prior year (before discovery of an e was $851,000.
The following information is for Amos company fost
a. Retained earnings at December 31 of the prior year (before discovery of an e was $851,000. b. Amos discovered this year that it forgot to record depreciation expense of $41,600 (net of tax benefit) two years ago. c. Cash dividends declared and paid in the current year were $20,000. d. Reported $211,000 of net income in the current year.
prepare a statement of retained earnings for Amos company for the current year.
(amounts to be deduct it should be indicated with a - sign).
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