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Required information 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
Required information
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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