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. Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, December 31, prior year Retained earnings, December 31, current year Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses Problem 1-5A (Algo) Preparing a balance sheet LO P2 Required: Prepare the current year-end balance sheet for Armani Company. ARMANI COMPANY Assets: $ 10,800 9,800 6,800 5,800 12,600 14,800 3,800 5,800 13,800 34,600 23,600 20,800 12,800 8,800 Balance Sheet December 31 Liabilities 9 < Prev 13 of 15 Next