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of 3 02:28 Return to question Carmen Camry operates a consulting firm called Help Today, which began operations on December 1. On December 31, the
of 3 02:28 Return to question 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 Assets: Cash Accounts receivable Office supplies Office equipment Land Use the above information to prepare a December 31 balance sheet for Help Today. Hint. The ending Retained Earnings account balance as of December 31 is $5,050. Total Assets $ $ 25,220 Dividends 22,250 Consulting revenue 5,100 Rent expense 19,870 Salaries expense 43,900 Telephone expense 10,790 Miscellaneous expenses 100,500 > Answer is complete but not entirely correct. HELP TODAY Balance Sheet As of December 31 25,220 22,250 5,100 19,870 43,900 $ 116,340 10,790 100,500 0 333 45,000 X 145,500 156,290 >>>
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