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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
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. Hint. The owner Invested $2,800 cash during the year. Cash Accounts receivable Supplies Equipment Accounts payable Armani, Capital, December 31, prior year Armani, Capital, December 31, current year Armani, Withdrawals Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 11,800 10,800 7,800 6,800 14,600 17,800 22,600 14,800 36,600 25,600 21,800 13,800 9,800 Required: Prepare the Income statement for Armani Company for the current year ended December 31. Revenues Total revenues Expenses ARMANI COMPANY Income Statement For Current Year Ended December 31 19 $ 0 0 Total expenses
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