The following information is available for Amos Company for the year ended December 31, 2017. a. Balance
Question:
a. Balance of retained earnings, December 31, 2016, prior to discovery of error, $1,375,000.
b. Cash dividends declared and paid during 2017, $43,000.
c. It forgot to record 2015 depreciation expense of $55,500, which is net of $4,500 in tax benefits.
d. The company earned $126,000 in 2017 net income.
Prepare a 2017 statement of retained earnings for Amos Company.
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Amos Company Statement of Retained Earnings For Year Ended December 31 2017 Re...View the full answer
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Related Book For 
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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