Required information Use the following information for Exercises 16-18 below. [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 $ 25,260 Dividends $ 5,890 Accounts receivable 22,270 Consulting fees earned 26,910 Land office supplies Office equipment Accounts payable Common stock 5,130 Rent expense 9,440 43,930 Salaries expense 5,see 19,900 Telephone expense 750 10,780 Miscellaneous expenses 420 100,800 Check Part 3 of Exercise 2-18 Preparing a balance sheet LO P3 Use the above information to prepare an August 31 balance sheet for Help Today 125 points Assets: Cash Accounts receivable Her Office supples P Land Hences Office equipment HELP TODAY Balance Sheet As of August 31 Liabilities: S 25.200 Accounts payable 22.270 5,130 Equity: 43.930 Common stock 19.900 Retained earnings 10,780 100,800 Total equity 100,800 Total Assets $ 116,490 Total Liabilities and Equity $ 111,580