Chapter 1 Homework i Saved 1 Part 1 of 3 As of December 31 of the current year, Armani Company's records show the following. Hint. The owner invested $1,300 cash during the year. Cash Accounts receivable Supplies Equipment Accounts payable $ 10,300 9,300 6,300 5,300 11,600 Armani, Capital, December 31, prior year 16,300 3 points Armani, Capital, December 31, current year 19,600 Armani, Withdrawals 13,300 Consulting revenue 33,600 Rental revenue 22,600 Skipped Salaries expense 20,300 Rent expense 12,300 Selling and administrative expenses 8,300 eBook Print References Problem 1-3A (Algo) Preparing an income statement LO P2 Required: Prepare the income statement for Armani Company for the current year ended December 31. Mc Graw Hill Revenues Total revenues Expenses Total expenses ARMANI COMPANY Income Statement For Current Year Ended December 31 $ 0 0 < Prev 1 2 3 of 5 Next >