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Required information Skip to question [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Companys records
Required information
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[The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Companys records show the following. Hint: The owner invested $2,600 cash during the year.
Cash | $ 11,600 |
---|---|
Accounts receivable | 10,600 |
Supplies | 7,600 |
Equipment | 6,600 |
Accounts payable | 14,200 |
Armani, Capital, December 31, prior year | 17,600 |
Armani, Capital, December 31, current year | 22,200 |
Armani, Withdrawals | 14,600 |
Consulting revenue | 36,200 |
Rental revenue | 25,200 |
Salaries expense | 21,600 |
Rent expense | 13,600 |
Selling and administrative expenses | 9,600 |
Required: Prepare the income statement for Armani Company for the current year ended December 31.
ARMANI COMPANY Income Statement For Current Year Ended December 31 Revenues S 0 Total revenues Expenses Total expenses 0
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