Preparing a statement of retained earnings Selected accounts of Guitars by Peter, Inc., for the year ended December 31, 2012, follow: 11eb8258_94f3_a34e_bb02_7ffbd68234e6_SM1625_00 Requirement 1. Prepare the company's statement of retained earnings for the year.

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

Edition 3ISBN: 978-0132962339

Edition 3ISBN: 978-0132962339

Exercise 26

Preparing a statement of retained earnings
Selected accounts of Guitars by Peter, Inc., for the year ended December 31, 2012, follow:

Requirement
1. Prepare the company's statement of retained earnings for the year.

Explanation

Verified

This exercise requires application of th...