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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 Equipment Accounts payable Common stock Retained earnings, Dec. 31, prior year Retained earnings, Dec. 31, current year Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 12,000 11,000 8,000 7,089 15,000 16,880 5,000 7,000 15,000 37.86 26,000 22, . 14,080 10,000 Required: Prepare the income statement for Armant Company for the current year ended December 31 ARMANI COMPANY Income Statement For Current Year Ended December 31 Revenues $ 0 Total revenues Expenses
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