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Accounts payable As of December 31 of the current year, Armani Company's records show the following. Cash Accounts receivable Supplies Equipment $ 11,400 10,400

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Accounts payable As of December 31 of the current year, Armani Company's records show the following. Cash Accounts receivable Supplies Equipment $ 11,400 10,400 7,400 6,400 13,800 Common stock 15,400 Retained earnings, December 31, prior year 4,400 Retained earnings, December 31, current year 6,400 Dividends 14,400 Consulting revenue 35,800 Rental revenue 24,800 21,400 Salaries expense 13,400 Rent expense Selling and administrative expenses 9,400

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