Bonita Ltd. has retained earnings of NT$679,700 at January 1, 2022. Net income during 2022 was NT$1,641,700, and cash dividends declared and paid during 2022 totaled NT$81,700. Prepare a retained earnings statement for the year ended December 31, 2022. Assume an error was discovered: Land costing NT$86,300 (net of tax) was charged to repairs expense in 2021. (List items that increase retained earnings first.)

The following information is from Amos Company for the year ended December 31, 2019. Prepare a statement of retained earnings for Amos Company. ∙ Retained earnings at December 31, 2018 (before discovery of error), $1,375,000. ∙ Cash dividends declared and paid during the year, $43,000. ∙ Two years ago, it forgot to record depreciation expense of $55,500 (net of tax benefit). ∙ The company earned $126,000 in net income this year.

On January 1, 2024, Blossom Corporation had retained earnings of $600,000. During the year, Blossom had the following selected transactions: 1. 2. 3. 4. 5. Declared and paid cash dividends, $245,000. Earned profit before income tax, $750,000. Corrected a prior period error of $85,000, before income tax, which resulted in an understatement of profit in 2023. Reacquired 20,000 common shares for $50,000 more than the original issue price. This was the first time the company had ever reacquired its own shares. Completed a 3-for-1 stock split of the common shares. Blossom has a 25% income tax rate and reports under ASPE. Prepare a statement of retained earnings for the year ended December 31, 2024. (List items that increase adjusted retained earnings first.) BLOSSOM CORPORATION Statement of Retained Earnings $ $

Pullman Corporation had retained earnings of €2,100,000 at January 1, 2019. During the year the company experienced a net loss of €900,000 and declared cash dividends of €240,000. It was discovered in 2019 that €150,000 of repair expense was debited to the Land account in 2018. The income tax rate is 20%. Determine the retained earnings balance at December 31, 2019. a. €810,000 b. €1,080,000 c. €1,050,000 d. €840,000

The records of Culver Corp. for calendar 2023 reflected the following correct pre-tax amounts: gain from discontinued operations, $44,000; cash dividends declared and paid, $39,600; retained earnings, January 1, 2023, $242,000, correction of accounting error, $30,800 debit; income before income taxes and before discontinued operations, $145,200. The average income tax rate of 40 % applies to all items except the dividends. Calculate the December 31, 2023 ending balance of retained earnings. Ending balance of retained earnings

The records of Swifty Corp. for calendar 2023 reflected the following correct pre-tax amounts: gain from discontinued operations,$41,000; cash dividends declared and paid, $36,900; retained earnings, January 1, 2023, $225,500, correction of accounting error,$28,700 debit; income before income taxes and before discontinued operations, $135,300. The average income tax rate of 40%applies to all items except the dividends.Calculate the December 31, 2023 ending balance of retained earnings.

Please help me

How much is the restated balance of AMSTERDAM's retained earnings account at January 1, 2021?

The records of Biloxi Corp. for calendar 2023 reflected the following correct pre-tax amounts: gain from discontinued operations, $50,000; cash dividends declared and paid, $45,000; retained earnings, January 1, 2023, $275,000, correction of accounting error, $ 35,000 debit; income before income taxes and before discontinued operations, $165,000. The average income tax rate of 40% applies to all items except the dividends. Instructions Calculate the December 31, 2023 ending balance of retained earnings.

The following information was extracted from the records of Lodh Ltd for the year ended 30 June 2021. Lodh LTD Statement of financial position (extract) As at 30 June 2021 Assets         Accounts Receivable   $50,000     Allowance for doubtful debts   (4,000) $46,000           Plant   200,000     Accumulated depreciation - Plant   (50,000) 150,000         Liabilities       Interest Payable     2,000 Provision for long service leave     10,000   Additional information ·                The accumulated tax depreciation for machines at 30 June 2021 was $66 667. ·                Long service leave has not been taken by any employee during the year. ·                The tax rate is 30%. Required Prepare a (partial) deferred tax worksheet to identify the TTD and DTD from the above information [You are required to input CA (Carrying Amount) and TB (tax Base) only in the response…