Amounts of the assets and liabilities of David Austin Realty Company, as of January 31, 2016, are
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Requirements
1. Prepare the income statement of David Austin Realty Company for the year ended January 31, 2016.
2. What amount of dividends did David Austin Realty Company declare during the year ended January 31, 2016? (Hint: Prepare a statement of retained earnings.)
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Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
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