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 companys records show the following accounts and amounts for the month of August.

Cash	$	25,200	C. Camry, Withdrawals	$	5,830
Accounts receivable		22,240	Consulting fees earned		26,880
Office supplies		5,080	Rent expense		9,390
Land		43,890	Salaries expense		5,450
Office equipment		19,860	Telephone expense		690
Accounts payable		10,840	Miscellaneous expenses		390

Use the above information to prepare an August 31 balance sheet for Help Today. Hint: Compute the owners capital account balance as of August 31.