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You have completed the field work in connection with your audit of Alexander Corporation for the year ended December 31, 2012. The balance sheet accounts at the beginning and end of the year are shown below.
Dec. 31, 2012
Dec. 31, 2011
Increase or (Decrease)
$538,292
$577,226
($38,934
)
909,274
683,761
225,513
1,436,673
1,181,570
255,103
23,244
15,496
7,748
214,039
0
4,463
3,487
976
400,959
368,030
32,929
1,036,682
790,102
246,580
101,693
133,653
123,968
9,685
77,480
96,850
(19,370
8,720
$4,885,172
$3,942,183
$942,989
$174,815
$154,186
$20,629
579,705
542,360
37,345
135,590
242,125
193,700
(193,700
68,376
(9,104
821,288
774,800
46,488
335,101
251,810
83,291
4,649
(4,649
2,278,299
2,814,848
(536,549
211,133
38,740
(871,650
910,390
STATEMENT OF RETAINED EARNINGS FOR THE YEAR ENDED DECEMBER 31, 2012
$(871,650
48,425
823,225
174,330
(135,590
$38,740
Your working papers from the audit contain the following information:
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