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Do a statement of retained earnings in proper form

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Question - Do a statement of retained earnings in proper form for White Corporation for the year ended December 31, 2012, from the following:

Retained Earnings, January 1, 2012 $2,000.

Dividends paid during the year 800.

Net income for the year 3,000.

Correction of prior year error. Purchase of land recorded as rent expense 1,000.

Reference no: EM132213696

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