Answer two of the following : 1 - Financial statement information about four different companies is as follows : A Company B Company C Company D Company January 1 , 2019 Assets $ 80000 $ 90000 ( g ) $ 150000 Liabilities 50000 ( d ) 75000 ( 1 ) Equity ( a ) 50000 49000 100000 December 31 , 2019 Assets ( b ) 117000 180000 ( k ) Liabilities 55000 72000 ( h ) 80000 Equity 40000 ( e ) 100000 145000 Equity changes in year Additional investment ( c ) 8000 10000 15000 Dividends 10000 ( f ) 12000 10000 Total revenues 350000 400000 ( i ) 500000 Total expenses 335000 385000 360000 ( 1 ) Required : ( a ) Determine the missing amounts . ( b ) Prepare the retained earnings statement for A Company . Assume beginning retained earnings was $ 0 . ( c ) Write a memorandum explaining the sequence for preparing financial statements and the interrelationship of the retained earnings statement to the income statement and statement of financial position .

Q1: Answer two of the following: 1-Financial statement information about four different companies is as follows: A Company B Company C Company D Company January 1, 2019 Assets $80000 $90000 (g) $150000 Liabilities 50000 (d) 75000 (1) Equity (a) 50000 49000 100000 December 31, 2019 Assets (b) 117000 180000 (k) Liabilities 55000 72000 (h) 80000 Equity 40000 (e) 100000 145000 Equity changes in year Additional investment (c) 8000 10000 15000 Dividends 10000 (f) 12000 10000 Total revenues 350000 400000 (i) 500000 Total expenses 335000 385000 360000 (1) Required : (a) Determine the missing amounts. (b)Prepare the retained earnings statement for A Company. Assume beginning retained earnings was $0. (c)Write a memorandum explaining the sequence for preparing financial statements and the interrelationship of the retained earnings statement to the income statement and statement of financial position