$!$

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$,$$$25,280,$Dividends,$5,920],[$Accounts receivable,$22,290,$Consulting revenue,$26,930],[$Office supplies,$5,170,$Rent expense,$9,470],[$Office equipment,$19,920,$Salaries expense,$5,530],[$Land$,43,950,$Telephone expense,$780],[$Accounts payable,$10,720,$Miscellaneous expenses,$440],[$Common stock,$101,100,,]]$

Exercise $2-26($Algo$)$ Preparing a statement of retained earnings LO P$1$

Use the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account balance at December $1$ was $$0.$ Hint: Net income for December is $$10,710.$

Answer is not complete.

$\backslash$table$[[$HELP TODAY$],[$Statement of Retained Earnings$],[$Retained earnings, December $1,$$$,0$