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Leonard Corporation reports the following information: Correction of overstatement of depreciation expense A $ 645,000 4
Posted: Fri Jul 01, 2022 8:46 am
by answerhappygod
- Leonard Corporation Reports The Following Information Correction Of Overstatement Of Depreciation Expense A 645 000 4 1 (48.8 KiB) Viewed 49 times
Leonard Corporation reports the following information: Correction of overstatement of depreciation expense A $ 645,000 480,000 1,500,000 Retained earnings, 1/1/20, as reported 6,000,000 Leonard should report retained earnings, 1/1/20, as adjusted at 1. $6,000,000. 2. $5,355,000. 3. $6,645,000. 4. $7,665,000. in prior years, net of tax Dividends declared Net income