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carmen camry operates a consulting firm called help today Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On

carmen camry operates a consulting firm called help today
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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 accounts and amounts for the month of August. Cash Accounts receivable Office Supplies Land Office equipment Accounts payable Dividends 25, 330 Consulting fees earned 22,330 Rent expense 5,210 Salaries expense 43,930 Telephone expense 19.979 Miscellaneous expenses 10,730 Common stock 5,960 $ 26,979 9,510 5.580 840 499 101,589 Use the above information to prepare an August statement of retained earnings for Help Today. (Hint Net income for August is $10,550.) HELP TODAY Statement of Retained Earnings Carmen Camry operates a consulting firm called Help Today, which began operations on August On August 31, the company's records show the following accounts and amounts for the month of August. Accounts receivable Office supplies $ 25,30 Consulting fees earned 22.10 ment expense 5,210 Salaries expense 43,90 Telephone expense 19.970 Miscellaneous expenses 10,730 Common stock 5,960 $26970 9.510 5.58 840 Office equipment Accounts payable Dividends 101,500 Use the above information to prepare an August 31 balance sheet for Help Today (Hint. The ending retained earnings account balance as of August 31 is $4,590.) HELP TODAY Balance Sheet

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