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7 Part 1 of 3 Required information Use the following information for Exercises 16-18 below. [The following information applies to the questions displayed below.]

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7 Part 1 of 3 Required information Use the following information for Exercises 16-18 below. [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following selected accounts and amounts for the month of August. eBook Cash $ 25,350 Dividends $5,980 Accounts receivable H 22,340 Consulting fees earned 20,900 office supplies 5,239 Rent expense 9,530 Land P 43,990 Salaries expense 5,590 044ice equipment 19,900 Telephone expense 850 Geferences Accounts payable Common stock 10,600 Miscellaneous expenses 101,700 500 Exercise 2-16 Preparing an income statement LO C3, P3 Use the above information to prepare an August income statement for the business, HELP TODAY Income Statement

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