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As of December 31, 2019, Armani Companys financial records show the following items and amounts. Cash $ 11,200 Accounts receivable 10,200 Supplies 7,200 Equipment 6,200
As of December 31, 2019, Armani Companys financial records show the following items and amounts.
Cash | $ | 11,200 | ||
Accounts receivable | 10,200 | |||
Supplies | 7,200 | |||
Equipment | 6,200 | |||
Accounts payable | 13,400 | |||
A. Armani, Capital, Dec. 31, 2018 | 17,200 | |||
A. Armani, Capital, Dec. 31, 2019 | 21,400 | |||
A. Armani, Withdrawals | 14,200 | |||
Consulting revenue | 35,400 | |||
Rental revenue | 24,400 | |||
Salaries expense | 21,200 | |||
Rent expense | 13,200 | |||
Selling and administrative expenses | 9,200 | |||
Required: Prepare the 2019 year-end income statement for Armani Company.
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