Question: The following information is available for Amos Company for the

The following information is available for Amos Company for the year ended December 31, 2013.
a. Balance of retained earnings, December 31, 2012, prior to discovery of error, $ 1,375,000.
b. Cash dividends declared and paid during 2013, $ 43,000.
c. It neglected to record 2011 depreciation expense of $ 55,500, which is net of $ 4,500 in income taxes.
d. The company earned $ 126,000 in 2013 net income.
Prepare a 2013 statement of retained earnings for Amos Company.


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  • CreatedNovember 26, 2013
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