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Required information As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash Accounts receivable Supplies Equipment Accounts payable Common
Required information As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, 2018 Retained earnings, Dec. 31, 2019 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $10,400 9,400 6,400 5,400 11,800 14,400 3,400 5,400 13,400 33,800 22,800 20,400 12,400 8,400 Required: Prepare the 2019 year-end income statement for Armani Company ARMANI COMPANY Income Statement For Year Ended December 31, 2019 Revenues Total revenues 0 Saved Rental revenue Salaries expense Rent expense Selling and administrative expenses 22,800 20,400 12,400 8,400 Required: Prepare the 2019 year-end income statement for Armani Company ARMANI COMPANY Income Statement For Year Ended December 31, 2019 Revenues Total revenues Expenses $ 0 Total expenses 0 Required information As of December 31, 2019, Armani Company's financial records show the following items and amounts, Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, 2018 Retained earnings, Dec. 31, 2019 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $10,400 9,400 6,400 5,400 11,800 14,400 3,400 5,400 13,400 33,800 22,800 20,400 12,400 8,400 Required: Prepare a year-end statement of retained earnings for Armani Company ARMANI COMPANY Statement of Retained Earnings For Year Ended December 31, 2019 Retained earnings, December 31, 2018 0 Retained earnings, December 31, 2019 $ 0 Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, 2018 Retained earnings, Dec. 31, 2019 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $10,400 9,400 6,400 5,400 11,800 14,400 3,400 5,400 13,400 33,800 22,800 20,400 12,400 8,400 Required: Prepare a year-end balance sheet for Armani Company ARMANI COMPANY Balance Sheet December 31, 2019 Liabilities Assets Total liabilities 0 Equity 0 Total equity 0 Total liabilities and equity Total assets $ $ 0
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