Prepare the 2019 Year End Income Statement for Armani Company
Prepare a year-end statement of retained earnings for Armani Company. The income statement for Armani Company as at 31st December is shown below. Acct 1100 Q8 Docx Acct 1100 Chapter 1 8 As Of December 31 2017 Armani Companys Financial Records Show The Following Items And Course Hero 31 2018 16000 A. . Dividends 13900 Retained earnings December 31. Required Prepare the 2019 year. 31 2018 16000 A. Prepare a year-end statement of owners equity for Armani Company. The owner invested a total of 1700 cash during the year. As of December 31 2019 Armani Companys financial records show the following items and amounts. EM132496349 On June 1 2019 TTT acquired 30 of WL common shares for 500000. Armani Withdrawals 13000 Consulting revenue 33000 Rental revenue 22000. Selling and administrative expense 830000. 31 2019 19000. Dividends 13100 Retained earnings December 31 2019 5100. 31 2019 19000 A. ...