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retained earnings statement for 2013

retained earnings statement for 2013



The following information is available for Matlin Inc.:
Beginning retained earnings	$600,000
Cash dividends declared	60,000
Net income for 2013	120,000
Stock dividend declared	15,000
Understatement of last year's depreciation expense	30,000

Instructions
Based on the preceding information, prepare a retained earnings statement for 2013.




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23 Mar 2016

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    retained earnings statement for 2013

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