Business, 02.11.2019 04:31 froyg1234

As of december 31, 2017, armani company’s financial records show the following items and amounts. cash $ 10,000 accounts receivable 9,000 supplies 6,000 equipment 5,000 accounts payable 23,000 a. armani, capital, dec. 31, 2016 4,000 a. armani, capital, dec. 31, 2017 7,000 a. armani, withdrawals 13,000 consulting revenue 33,000 rental revenue 22,000 salaries expense 20,000 rent expense 12,000 selling and administrative expenses 8,000 note: early in 2017, the owner invested $1,000 cash in the business. required: prepare a year-end balance sheet for armani company.

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As of december 31, 2017, armani company’s financial records show the following items and amounts. ca...