As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash $ 10,300 Accounts receivable 9,300 Supplies 6,300 Equipment 5,300 Accounts payable 11,600 Common stock 14,300 Retained earnings, Dec.
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Trein, Inc. entered into a one-year, $1 million contract with Mia, a sports celebrity, to promote Trein's products. E presto Inc., a competitor of Trein, was interested in having Mia promote its products and knew of her contract with Trein.
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