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Carmen Camry operates a consulting firm called Help Today, which began operations on December 1. On December 31, the company's records show the following
Carmen Camry operates a consulting firm called Help Today, which began operations on December 1. On December 31, the company's records show the following selected accounts and amounts for the month of December. Cash Accounts receivable Office supplies Office equipment Land Accounts payable Common stock $ 25,390 22,390 Dividends 5,280 Rent expense 20,030 Consulting revenue Salaries expense 44,030 Telephone expense 10,580 Miscellaneous expenses 102,200 $ 6,030 27,020 9,580 5,630 900 540 Use the above information to prepare a December 31 balance sheet for Help Today. Hint. The ending Retained Earnings account alance as of December 31 is $4,340. HELP TODAY Balance Sheet
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