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! Required information Use the following information for Exercises 25-27 below. (Algo) [The following information applies to the questions displayed below.] Carmen Camry operates

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! 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. Cash Accounts receivable Office supplies office equipment Land Accounts payable Common stock $ 25,220 Dividends $ 5,850 22,250 Consulting revenue 26,890 5,100 Rent expense 9,410 19,870 Salaries expense 5,470 43,900 Telephone expense 710 10,790 Miscellaneous expenses 100,500 400 Exercise 2-27 (Algo) Preparing a balance sheet LO P1 Use the above information to prepare a December 31 balance sheet for Help Today. Hint. The ending Retained Earnings account balance as of December 31 is $5,050. HELP TODAY Balance Sheet

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