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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
! 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 Dividends $ 25,420 22,430 Consulting revenue 5,330 Rent expense 20,080 44,070 Telephone expense 10,550 102,600 Salaries expense Miscellaneous expenses $ 6,070 27,070 9,630 5,670 950 570 Exercise 2-25 (Algo) Preparing an income statement LO P1 Use the above information to prepare a December income statement for the business. HELP TODAY Income Statement S
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