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 Accounts receivable Office supplies Land Office equipment Accounts payable Common stock 25,360 Dividends 22,360 Consulting fees earned 5,250 Rent expense 44,000 Salaries expense 20,000 Telephone expense 10,500 Miscellaneous expenses 102,000 $ 6,000 27,000 9,550 5,600 860 520 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement 0 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 Accounts receivable Office supplies Land Office equipment Accounts payable Common stock 25,360 Dividends 22,360 Consulting fees earned 5,250 Rent expense 44,000 salaries expense 20,000 Telephone expense 10,500 Miscellaneous expenses 102,000 $ 6,000 27,000 9,550 5,600 860 520 Use the above information to prepare an August statement of retained earnings for Help Today. The Retained Earnings account balance at August 1 was $0. Hint: Net income for August is $10,470. HELP TODAY Statement of Retained Earnings 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 Accounts receivable Office supplies Land office equipment Accounts payable Common stock 25,360 Dividends 22,360 Consulting fees earned 5,250 Rent expense 44,000 Salaries expense 20,000 Telephone expense 10,500 Miscellaneous expenses 102,000 $ 6,000 27,000 9,550 5,600 860 520 Use the above information to prepare an August 31 balance sheet for Help Today. HELP TODAY Balance Sheet Total equity