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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$25,440C. Camry, Withdrawals$6,100Accounts receivable22,470Consulting fees earned27,100Office supplies5,360Rent expense9,660Land44,100Salaries expense5,690Office equipment20,120Telephone expense980Accounts payable10,420Miscellaneous expenses600

Use the above information to make a August 31 balance sheet for Help Today.Hint: Compute the owner's capital account balance as of August 31.

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