Tsui Ltd. has retained earnings of NT$675,000 at January 1, 2019. Net income during 2019 was NT$1,400,000,

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Tsui Ltd. has retained earnings of NT$675,000 at January 1, 2019. Net income during 2019 was NT$1,400,000, and cash dividends declared and paid during 2019 totaled NT$75,000. Prepare a retained earnings statement for the year ended December 31, 2019.
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Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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