Help

of 3 Required information 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 $ 25,430 Dividends 5 6,080 Accounts receivable 22,450 Consulting revenue 27,80 Office Supplies 5,340 Rent expense Office equipment 20,108 Salaries expense 5,680 Land 44,050 Telephone expense Accounts payable 10,480 Miscellaneous expenses 102,800 9,640 Common stock 970 590 Exercise 2-26 (Algo) Preparing a statement of retained earnings LO P1 cos Use the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account balance at December 7 was $0 Hint Net income for December is $10.200. HELP TODAY Statement of Retained Earnings Retained earnings December 1