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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 selected
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 $ 25,260 Dividends 22,270 Consulting revenue 5,130 Rent expense 19,900 Salaries expense 43,930 Telephone expense 10,780 Miscellaneous expenses 100,800 $ 5,890 26,910 9,440 5,500 750 420 e the above information to prepare a December 31 balance sheet for Help Today. Hint. The ending Retained Earnings account ance as of December 31 is $4,910. HELP TODAY Balance Sheet
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