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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. 25,240 Consulting fees earned Cash Accounts receivable Office supplies Land Office equipment Accounts payable Dividends 26,900 9,420 5,490 730 410 100,700 22,260 Rent expense 5,110 Salaries expense 43,920 Telephone expense 19,890 Miscellaneous expenses 10,740 Common stock 5,870 Use the above information to prepare an August 31 balance sheet for Help Today. (Hint The ending retained earnings account balance as of August 31 is $4,980.) HELP TODAY Balance Sheet

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