For the year ending December 31, 2020, Soto Ltd. reports net income 170,000 and dividends 85,000 (amounts
Question:
For the year ending December 31, 2020, Soto Ltd. reports net income ¥170,000 and dividends ¥85,000 (amounts in thousands). Prepare the retained earnings statement for the year assuming the balance in retained earnings on January 1, 2020, was ¥220,000.
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SOTO LTD Retained Earnings Statement For the Year Ended December ...View the full answer
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Related Book For 
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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