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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

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[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
$25,360
22,360
5,250
20,000
44,000
10,500
102,000
C. Camry, Withdrawals
Consulting revenue
Rent expense
Salaries expense
Telephone expense
Miscellaneous expenses
$6,000
27,000
9,550
5,600
860
520
Use the above information to prepare a December 31 balance sheet for Help Today. Hint: The ending C. Camry, Capital account balance as of December 31 is $106,470.
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