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connect The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on December 1.
connect The following information applies to the questions displayed below.] 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 25.460 Dividends 22,510 Consulting revenue 5.380 Rent expense 20.160 Salaries expense 44,130 Telephone expense 10.370 Miscellaneous expenses 103.300 6.130 27,130 9,690 5,710 1010 620 8. Award: 5.00 points Use the above information to prepare a December 31 balance sheet for Help Today. HELP TODAY Balance Sheet As of December 31 Assets: Liabilities: Cash $ 25,460 Accounts payable $ 10.370 Accounts receivable 22.510 Office supplies 5,380 Equity: Land 44,130 Common stock 103,300 Office equipment 20,160 Retained earnings 92.930 References
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