Mendez Manufacturing Company failed to record accrued interest for 2008, $800; 2009, $700; and 2010, $950. What

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Mendez Manufacturing Company failed to record accrued interest for 2008, $800; 2009, $700; and 2010, $950. What is the amount of overstatement or understatement of the retained earnings account at December 31, 2011?

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Question Posted: Jan 29, 2012 12:05 AM

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Mendez Manufacturing Company failed to record accrued interest for 2008, $800; 2009, $700; and 2010, $950. What

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Intermediate Accounting

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