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Please answer the following. Use the following information for Exercises 16-18 below. [The following information applies to the questions displayed below.] Carmen Camry operates a

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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 accounts and amounts for the month of August. Cash $ 25, 240 C. Camry, Withdrawals $ 5,870 Accounts receivable 22,260 Consulting fees earned 26,900 office supplies 5,110 Rent expense 9,420 Land 43,920 Salaries expense 5,490 Office equipment 19,890 Telephone expense 730 Accounts payable 10,740 Miscellaneous expenses 410 Exercise 2-16 Preparing an income statement LO C3, P3 Ise the above information to prepare an August income statement for the business. HELP TODAY Income Statement

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