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Required information Use the following information for the problem(s) below LO P2 (Algo) Skip to question [The following information applies to the questions displayed below.]

Required information

Use the following information for the problem(s) below LO P2 (Algo)

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[The following information applies to the questions displayed below.]

As of December 31 of the current year, Armani Companys records show the following.

Cash $ 10,100
Accounts receivable 9,100
Supplies 6,100
Equipment 5,100
Accounts payable 11,200
Common stock 14,100
Retained earnings, December 31, prior year 3,100
Retained earnings, December 31, current year 5,100
Dividends 13,100
Consulting revenue 33,200
Rental revenue 22,200
Salaries expense 20,100
Rent expense 12,100
Selling and administrative expenses 8,100

Problem 1-5A (Algo) Preparing a balance sheet LO P2

Required:

Prepare the current year-end balance sheet for Armani Company.

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