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the year it had On January 2020. Noratol Corp. had retained earnings of 2750,000. During the ff relected transachons Declared cash dividends of P190,000 2.
the year it had On January 2020. Noratol Corp. had retained earnings of 2750,000. During the ff relected transachons Declared cash dividends of P190,000 2. Corrected overstatement of 2012 net income because of depreciahon error p 45,000. Earned net income of P350,000 4 Declared a 10% share dividend of 90.000 Required : Prepare a statement of retained eamings for the year 9
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