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Carmen Camry operates a consulting firm called Help Today, which began operations on December 1 . On December 3 1 , the company s records
Carmen Camry operates a consulting firm called Help Today, which began operations on December On December the companys records show the following selected accounts and amounts for the month of December.
Cash $ C Camry, Withdrawals $
Accounts receivable Consulting revenue
Office supplies Rent expense
Office equipment Salaries expense
Land Telephone expense
Accounts payable Miscellaneous expenses
C Camry, Capital
Exercise Static Preparing an income statement LO P
Use the above information to prepare a December income statement for the business.
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