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Required Information

$[$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

Common stock

$$25,350$ Dividends

$22,340$ Consulting revenue

$5,230$ Rent expense

$19,980$ Salaries expense

$43,990$ Telephone expense

$10,660$ Miscellaneous expenses

$101,706$

$$5,980$

$26,980$

$9,530$

$5,590$

$850$

$500$

Use the above Information to prepare a December income statement for the business.

$\backslash$table$[[$HELP TODAY,$],[,$Income Statement,$],[$Assets:$,,],[,,],[,,],[$Liabilities:$,,],[,,],[$Common Stock,,$],[,,],[,,],[,,],[,,]]$