Chapter 13 Homework B (Question #3) Excercise 13-11 – Video

Posted: February 11, 2013 at 9:47 am


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Chapter 13 Homework B (Question #3) Excercise 13-11
The following information is available for Ballard Company for the year ended December 31, 2011. a. Balance of retained earnings, December 31, 2010, prior to discovery of error, $854000. b. Cash dividends declared and paid during 2011, $23000. c. It neglected to record 2009 depreciation expense of $52600, which is net of $7300 in income taxes. d. The company earned $222000 in 2011 net income. Prepare a 2011 statement of retained earnings for Ballard Company. (Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.)

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Chapter 13 Homework B (Question #3) Excercise 13-11 - Video

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February 11th, 2013 at 9:47 am

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