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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
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 $25,360 C. Camry, Withdrawals $6,000 Office supplies Land office equipment 22,360 Consulting fees earned 5,250 Rent expense 44,000 Salaries expense 20,000 Telephone expense 27,000 9,550 5,600 860 Accounts payable 10, 500 Miscellaneous expenses 520 Use the above information to prepare an August 31 balance sheet for Help Today. Hint Compute the owner's capital account balance as of August 31. HELP TODAY Balance Sheet 0
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