Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the companys records show the following selected accounts and amounts for the month of August.

Cash $ 25,240 Dividends $ 5,870

Accounts receivable 22,260 Consulting fees earned 26,900

Office supplies 5,110 Rent expense 9,420

Land 43,920 Salaries expense 5,490

Office equipment 19,890 Telephone expense 730

Accounts payable 10,740 Miscellaneous expenses 410

Common stock 100,700

Use the above information to prepare an August 31 balance sheet for Help Today.

Use the above information to prepare an August 31 balance sheet for Help Today.