The following information is from Amos Company for the year ended December 31, 2020. a. Retained earnings at December 31, 2019 (before discovery of
The following information is from Amos Company for the year ended December 31, 2020. a. Retained earnings at December 31, 2019 (before discovery of error), $867,000. b. Cash dividends declared and paid in 2020, $19,000. c. In 2018, it forgot to record depreciation expense of $37,600 (net of tax benefit). d. The company earned $222,000 in net income for 2020. Prepare a statement of retained earnings for Amos Company. (Amounts to be deducted should be indicat Prior period adjustment AMOS COMPANY Statement of Retained Earnings For Year Ended December 31, 2020 $ 0
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