Extracted text: n i applies to the questions current year, Armani Company's g. Hint. The owner invested ear. $ 11,600 10,600 7,600 6,600 14,200 17,600 22,200 14,600 36,200 25,200 21,600 13,600 9,600 ber 31, prior year ber 31, current year tive expenses end balance sheet for Armani ARMANI COMPANY Balance Sheet December 31 Liabilities Total liabilities Equity Total liabilities and equity
![!<br>Required information<br>[The following information applies to the questions<br>displayed below.]<br>As of December 31 of the current year, Armani Company's<br>records show the following. Hint. The owner invested<br>$2,600 cash during the year.<br>$ 11,600<br>10,600<br>7,600<br>6,600<br>14,200<br>17,600<br>22,200<br>14,600<br>36,200<br>25,200<br>21,600<br>13,600<br>9,600<br>Cash<br>Accounts receivable<br>Supplies<br>Equipment<br>Accounts payable<br>Armani, Capital, December 31, prior year<br>Armani, Capital, December 31, current year<br>Armani, Withdrawals<br>Consulting revenue<br>Rental revenue<br>Salaries expense<br>Rent expense<br>Selling and administrative expenses<br>Required:<br>Prepare the current year-end balance sheet for Armani<br>Company.<br>ARMANI COMPANY<br>Balance Sheet<br>December 31<br>Assets<br>Liabilities<br>Total liabilities<br>Equity<br>Total assets<br>Total liabilities and equity<br>](https://s3.us-east-1.amazonaws.com/storage.unifolks.com/qimg-008/008_aapnzp0-3j4m4hbw.jpeg)
Extracted text: ! 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 $2,600 cash during the year. $ 11,600 10,600 7,600 6,600 14,200 17,600 22,200 14,600 36,200 25,200 21,600 13,600 9,600 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 Required: Prepare the current year-end balance sheet for Armani Company. ARMANI COMPANY Balance Sheet December 31 Assets Liabilities Total liabilities Equity Total assets Total liabilities and equity