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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

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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 $ 25,330 C. Camry, withdrawalls 22,330 Consulting fees earned 5,210 Rent expense 43,980 Salaries expense 19,970 Telephone expense 10,738 Miscellaneous expenses $5.960 26,970 9,51e 5.580 Exercise 2-17 Preparing a statement of owner's equity LO P3 Use the above information to prepare an August statement of owner's equity for Help Today. The owner's capital account balance at July 31 was $0, and the owner invested $101,500 cash in the company on August 1. HELP TODAY Statement of Owner's Equity

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