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

$$10,000$

$9,000$

$7,000$

$4,000$

$11,000$

$16,000$

$19,000$

$13,000$

$33,000$

$22,000$

$20,000$

$12,000$

$8,000$

Problem $1-5$A $($Static$)$ Preparing a balance sheet LO P$2$

Required:

Prepare the current year$-$end balance sheet for Armani Company.

$\backslash$table$[[$ARMANI COMPANY,$],[$Balance Sheet,,,$],[,$December $31,,],[$Assets$,,,$Liabilities$],[,,,],[,,,]]$