Question: ! Required information Use the following information for problem 3 to 5 LO P2 As of December 31, 2019. Armani Company's financial records show the

! Required information Use the following information for problem 3 to 5 LO P2 As of December 31, 2019. Armani Company's financial records show the following items Cash Accounts receivable Supplies Equipment Accounts payable A. Armani, Capital, Dec. 31, 2018 A. Armani, Capital, Dec. 31, 2019 A. Armani, Withdrawals Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $10,600 9,600 6,600 5,600 12,200 16,600 20,200 13,600 34,200 23,200 20,600 12,600 8,600 Problem 1-5A Preparing a balance sheet LO P2 Required: Prepare a year-end balance sheet for Armani Company. ARMANI COMPANY Balance Sheet December 31, 2019 Liabilities Assets Total liabilities Equity Total assets Total liabilities and equity
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