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help me Use the following information for Exercises 25-27 below. (Algo) (The following information applies to the questions displayed below.) Carmen Camry operates a consulting
help me
Use the following information for Exercises 25-27 below. (Algo) (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 C. Camry, Capital $ 25,410 C. Camry, Withdrawals 22,420 Consulting revenue 5,320 Rent expense 20,060 Salaries expense 44,050 Telephone expense 10,510 Miscellaneous expenses 102,500 $ 6,050 27,060 9,610 5,650 940 560 Exercise 2-26 (Algo) Preparing a statement of owner's equity LO P1 Use the above information to prepare a December statement of owner's equity for Help Today. The C. Camry, Capital account balance at December 1 was $0, and the owner invested $102,500 in the company on December 2. Hint Net income for December is $10,300. HELP TODAY Statement of Owner's Equity C. Camry, Capital, December 1 Add: Investment by owner 0 Less Withdrawals by owner C. Camry, Capital, December 31 $Step by Step Solution
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