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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 August 1. On August 31, the company's records show the following selected accounts and amounts for the month of August. Cash $ 25,420 Dividends $ 6,070 Accounts receivable 22,430 Consulting fees earned 27,070 Land Office supplies Office equipment Common stock 5,330 Rent expense 9,630 44,070 Salaries expense 5.670 20,080 Felephone expense 950 Accounts payable 10,550 Miscellaneous expenses 570 102,600
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