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Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.] As of December 31

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Required information Use the following information for the Problems below. (Algo) [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 $2,100 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 $ 11,100 10,100 7,100 6,100 13,200 17,100 21,200 14,100 35,200 24,200 21,100 13,100 9,100

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