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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
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$25,200C. Camry, Withdrawals$5,830Accounts receivable22,240Consulting fees earned26,880Office supplies5,080Rent expense9,390Land43,890Salaries expense5,450Office equipment19,860Telephone expense690Accounts payable10,840Miscellaneous expenses390
Use the above information to make a August income statement for the business.
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