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Required information As of December 31, 2019, Armani Companys financial records show the following items and amounts. Cash $ 10,100 Accounts receivable 9,100 Supplies 6,100
Required information
As of December 31, 2019, Armani Companys financial records show the following items and amounts.
Cash | $ | 10,100 | ||
Accounts receivable | 9,100 | |||
Supplies | 6,100 | |||
Equipment | 5,100 | |||
Accounts payable | 11,200 | |||
A. Armani, Capital, Dec. 31, 2018 | 16,100 | |||
A. Armani, Capital, Dec. 31, 2019 | 19,200 | |||
A. Armani, Withdrawals | 13,100 | |||
Consulting revenue | 33,200 | |||
Rental revenue | 22,200 | |||
Salaries expense | 20,100 | |||
Rent expense | 12,100 | |||
Selling and administrative expenses | 8,100 | |||
Required: Prepare the 2019 year-end income statement for Armani Company.
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