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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 selected accounts and amounts for the month of August. Cath Accounts receivable office supplies Land office equipment Accounts payable Common stock 25,350 Dividends 22,340 Consulting fees earned 5.230 Rent expense 43,990 Salaries expense 19,90 Telephone expense 10.660 Miscellaneous expenses 101,700 55,980 26,980 9.530 5,590 850 500 Use the above information to prepare an August statement of retained earnings for Help Today The Retained Earnings account balance at Augusti was 50. Hot Net income for Augustis $10,510 HELP TODAY Statement of Retained Earnings

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