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Required information Use the following information for problem 3 to 5 LO P2 As of December 31, 2019, Armani Company's financial records show the following
Required information Use the following information for problem 3 to 5 LO P2 As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash Accounts receivable Supplies $11,300 10,300 7,300 Equipment 6,300 Accounts payable 13,600 Common stock 15,300 Retained earnings, Dec. 31, 2018 4,300 Retained earnings, Dec. 31, 2019 6,300 es Dividends 14,300 Consulting revenue. 35,600 Rental revenue 24,600 Salaries expense 21,300 Rent expense Selling and administrative expenses 13,300 9,300 Problem 1-4A Preparing a statement of retained earnings LO P2 Problem 1-4A Preparing a statement of retained earnings LO P2 Required: Prepare a year-end statement of retained earnings for Armani Company. ARMANI COMPANY Statement of Retained Earnings For Year Ended December 31, 2019 Retained earnings, December 31, 2018 Retained earnings, December 31, 2019 0
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