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Required information [The following information applies to the questions displayed below.] As of December 31, 2018, Armani Company's financial records show the following items and
Required information [The following information applies to the questions displayed below.] As of December 31, 2018, Armani Company's financial records show the following items and amounts. Cash $11,300 Accounts receivable 10,300 7,300 6,300 8,900 19,000 Supplies Equipment Accounts payable Common stock Retained earninqs, Dec. 31, 2017 5,300 Retained earnings, Dec. 31, 2018 7,300 14,300 Dividends Consulting 35,600 revenue Rental revenue 24,600 21,300 13,300 9,300 Salaries expense Rent expense Selling and administrative expenses Required: Prepare a year-end balance sheet for Armani Company. Required: Prepare a year-end balance sheet for Armani Company. ARMANI COMPANY Balance Sheet December 31, 2018 Assets Liabilities Accounts payable Cash Accounts receivable Supplies Total liabilities C Equity Total equity 0 0 Total liabilities and equity 0 Total assets
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