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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 Cash Accounts receivable office supplies and office equipment Accounts payable 6,000 27,000 9,550 5.600 860 520 25,360 c, camry, withdrawals 22,360 Consulting fees earned 5,250 Rent expense 44,000 Salaries expense 20,000 Telephone expense 10,500 Miscellaneous expenses Use the above information to prepare an August statement of owners equity for Help Today. The owner's capital account balance at July 31 was $0, and the owner invested $102,000 cash in the company on August 1 HELP TODAY Statement of Owner's Equity For Month Ended August 31 C. Camry, Capital, July 31 Add: Investment by owner Add: Net income 102,000 02,000 6,000 ess: Withdrawa's by owner S 96.000

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