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and the statement of the owners equity after please As of December 31 of the current year, Armani Company's records show the following. Hint. The

and the statement of the owners equity after please
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As of December 31 of the current year, Armani Company's records show the following. Hint. The owner Invested $2,500 cash during the year 2 Cash Accounts receivable Supplies Equipment Accounts payable Armani, Capital, December 31, prior year Armani, Capital, December 31, current year Armani, Withdrawals Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 11,500 10,500 7,500 6,500 14,800 17,500 22,000 14,500 36,000 25,000 21,500 13,500 9,500 Required: Prepare the income statement for Armani Company for the current year ended December 31, ARMANI COMPANY Income Statement For Current Year Ended December 31 Revenues $ 0 Total revenues Expenses

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