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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. Cash Accounts receivables office supplies office equipment Land Accounts payable C. Canry, Capital $25,350 22,340 C. Camry, Withdrawals. $ 5,980 Consulting revenue 26,980 5,230 Rent expense 9,530 19,980 Salaries expense 5,590 43,990 Telephone expense 10,560 101,700 Miscellaneous expenses 850 500 Use the above information to prepare a December statement of owner's equity for Help Today. The C. Camry, Capital account balance at December 1 was $0, and the owner invested $101,700 in the company on December 2. Hint: Net income for December is $10.510 HELP TODAY Statement of Owner's Equity For Month Ended December 31 C. Camry, Capital, December 11 o
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