Question: 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 and

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

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 and amounts. Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, 2018 Retained earnings, Dec. 31, 2019 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $10,300 9,300 6,300 5,300 11,600 14,300 3,300 5,300 13,300 33,600 22,600 20,300 12,300 8,300 ARMANI COMPANY Income Statement For Year Ended December 31, 2019 Revenues Total revenues Expenses Total expenses

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