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The following information is from Amos Company for the year ended December 31, 2019. Retained earnings at December 31, 2018 (before discovery of error), $853,000.
The following information is from Amos Company for the year ended December 31, 2019. Retained earnings at December 31, 2018 (before discovery of error), $853,000. Cash dividends declared and paid during the year, $23,000. Two years ago, it forgot to record depreciation expense of $46,600 (net of tax benefit). The company earned $211,000 in net income this year. Prepare a statement of retained earnings for Amos Company
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