Determine the ending balance of each of the following T-accounts. Cash 220 170 Accounts Payable 3,200 11,600 4,900 420 180 140 Supplies 11,200 2,300 5,000 Accounts Receivable 1,200 270 270 270 220 Wages Payable Cash 820 14,600 820 920 5,700 7,200 2,500 220 Use the following information for Exercises 16-18 below. [The following information applies to the questions displayed below.) 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 selected accounts and amounts for the month of August. $ Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock 25,240 Dividends 22,260 Consulting fees earned 5, 110 Rent expense 43,920 Salaries expense 19,890 Telephone expense 10,740 Miscellaneous expenses 100,700 $ 5,870 26,900 9,420 5, 490 730 410 Exercise 2-16 Preparing an income statement LO C3, P3 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement