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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
Required information [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. $ 25,440 Dividends Cash $ 6,100 Accounts receivable 22,470 Consulting revenue 27,100 Office supplies 5,360 Rent expense 9,660 Office equipment 20,120 Salaries expense 5,690 Land 44,100 Telephone expense 980 Accounts payable Common stock 10,420 Miscellaneous expenses 103,000 600 Use the above information to prepare a December income statement for the business. HELP TODAY Income Statement
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