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Complete Balance Sheet: Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show
Complete Balance Sheet:
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 Accounts receivable Office supplies Land Office equipment Accounts payable $ 25,310 C. Camry, Withdrawals 22,320 Consulting fees earned 5,200 Rent expense 43,970 Salaries expense 19,960 Telephone expense 10,700 Miscellaneous expenses $ 5,950 26,960 9,500 5,560 820 470 Use the above information to prepare an August 31 balance sheet for Help Today. Hint Compute the owner's capital account balance as of August 31. HELP TODAY Balance Sheet
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