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As of December 31, 2019, Armani Companys financial records show the following items and amounts. Cash $ 10,800 Accounts receivable 9,800 Supplies 6,800 Equipment 5,800

As of December 31, 2019, Armani Companys financial records show the following items and amounts.

Cash $ 10,800
Accounts receivable 9,800
Supplies 6,800
Equipment 5,800
Accounts payable 12,600
Common stock 14,800
Retained earnings, Dec. 31, 2018 3,800
Retained earnings, Dec. 31, 2019 5,800
Dividends 13,800
Consulting revenue 34,600
Rental revenue 23,600
Salaries expense 20,800
Rent expense 12,800
Selling and administrative expenses 8,800
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Prepare a year-end balance sheet for Armani Company. ARMANI COMPANY Balance Sheet December 31, 2019 Liabilities Assets Total liabilities Equity Total equity Total liabilities and equity Total assets

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