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5 As of December 31 of the current year, Armani Company's records show the following. Cash $ 10,000 3 points Common stock Accounts receivable Supplies
5 As of December 31 of the current year, Armani Company's records show the following. Cash $ 10,000 3 points Common stock Accounts receivable Supplies Equipment 9,000 7,000 4,000 Accounts payable 11,000 14,000 Retained earnings, December 31, prior year 3,000 Retained earnings, December 31, current year 5,000 Dividends eBook 13,000 Consulting revenue 33,000 Rental revenue 22,000 Salaries expense 20,000 Print Rent expense 12,000 Selling and administrative expenses 8,000 References Required: Prepare the income statement for Armani Company for the current year ended December 31. Revenues Total revenues Expenses ARMANI COMPANY Income Statement For Current Year Ended December 31 $ 0 0 Total expenses
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