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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 selected

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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 selected accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $ 25,350 Dividends 22,340 Consulting fees earned 5,230 Rent expense 43,990 Salaries expense 19,980 Telephone expense 10,660 Miscellaneous expenses 101,700 $ 5,989 26,980 9,530 5,590 850 500 Use the above information to prepare an August income statement for the business HELP TODAY Income Statement Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement 0 Use the above information to prepare an August statement of retained earnings for Help Today. The Retained Earnings account balance at August 1 was $0. Hint Net income for August is $10,510. HELP TODAY Statement of Retained Earnings 0 $ 0 Use the above information to prepare an August 31 balance sheet for Help Today. HELP TODAY Balance Sheet Total equity $ 0

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