Required information

Use the following information for Exercises $25-27$ below. $($Algo$)$

$[$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.

$\backslash$table$[[$Cash$,$$$25,370,$Dividends,$$6,020],[$Accounts receivable,$22,370,$Consulting revenue,$27,010],[$Office supplies,$5,260,$Rent expense,$9,570],[$Office equipment,$20,020,$Salaries expense,$5,620],[$Land$,44,010,$Telephone expense,$880],[$Accounts payable,$10,540,$Miscellaneous expenses,$530],[$Common stock,$102,100,,]]$

Exercise $2-27($Algo$)$ Preparing a balance sheet LO P$1$

Use the above information to prepare a December $31$ balance sheet for Help Today.

$\backslash$table$[[$HELP TODAY$],[$Balance Sheet$],[$As of December $31],[$Assets:$,$Liabilities:$],[$Cash$,$$$,25,370,$Accounts payable,$$,10,540],[$Office supplies,,$5,260,,,],[$Office equipment,,$20,020,$Equity:$],[$Land$,,44,010,$Common stock,,$102,100],[$Accounts receivable,,$22,370,,,],[$Consulting revenue,,$27,010,,,],[,,,$Total equity,,$102,100],[$Total Assets,,$144,040,$Total Liabilities and Equity,$$,112,640]]$ prepare balance sheet