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Required Information [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Company's records show the following.
Required Information [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Company's records show the following. Cash Accounts receivable Supplies $ 11,200 10,200 7,200 Equipment 6,200 Accounts payable 13,400 Common stock 15,200 Retained earnings, December 31, prior year 4,200 Retained earnings, December 31, current year 6,200 Dividends 14,200 Consulting revenue 35,400 Rental revenue 24,400 Salaries expense 21,200 Rent expense 13,200 Selling and administrative expenses 9,200 Prepare the Income statement for Armani Company for the current year ended December 31. Revenues Total revenues Expenses Total expenses ARMANI COMPANY Income Statement For Current Year Ended December 31
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