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Carmen Camry operates a consulting firm called Help Today, which began operations company's records show the following accounts and amounts for the month of Augus

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Carmen Camry operates a consulting firm called Help Today, which began operations company's records show the following accounts and amounts for the month of Augus Cash Accounts receivable Office supplies Land Office equipment Accounts payable Dividends $ 25,410 Consulting fees earned 22,420 Rent expense 5,320 Salaries expense 44,050 Telephone expense 20,062 Miscellaneous expenses 10,518 Common stock 6,050 $ 27,060 9,610 5,650 940 560 102,500 xercise 2-16 Preparing an income statement LO C3, P3 Ise the above information to prepare an August income statement for the business.

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