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[The following information applies to the questions displayed below.] As of December 31, 2018, Armani...

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[The following information applies to the questions displayed below.] As of December 31, 2018, Armani Company's financial records show the following items and amounts. $11,200 Cash Accounts receivable 10,200 7,200 6,200 9,100 18,500 5,200 7,200 14,200 35,400 24,400 21,200 13,200 9,200 Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, 2017 Retained earnings, Dec. 31, 2018 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses 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, 2018 Assets Liabilities Total liabilities Equity Total equity Total liabilities and equity Total assets

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