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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 August

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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 August 1. On August 31, the company's records show the following accounts and amounts for the month of August. $ 25,400 Consulting fees earned 22,410 Rent expense 5,300 Salaries expense 44,040 Telephone expense 20,050 Miscellaneous expenses 10,500 6,040 $ 27,040 9,590 5,640 Cash Accounts receivable Office supplies Land 920 Office equipment Accounts payable 550 Common stock 102,400 Dividends Use the above information to prepare an August income statement for the business Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement

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