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, 270 Dividends 22, 280 Consulting fees earned 5,150 Rent expense 43,940 Salaries expense 19,910 Telephone expense 10,700 Miscellaneous expenses 101,000 $ 5,910 26,920 9,460 5,510 760 430 Use the above information to prepare an August 31 balance sheet for Help Today, HELP TODAY Balance Sheet 10,700 $ Assets: Cash Accounts receivable Office supplies Land Office equipment Liabilities: 25,270 Accounts payable 22.280 5,150 Equity: 43,940 Retained earnings 19,910 Common stock 4,850 101,000 4