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. 4 Cash Accounts receivable Office supplies Office equipment Land Accounts payable Common stock $ 25,390 22,390 5,280 20,030 44,030 10,580 102,200 Dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses Exercise 2-25 (Algo) Preparing an income statement LO P1 $ 6,030 27,020 9,580 5,630 900 540 Use the above information to prepare a December income statement for the business.

Use the following information for Exercises 2527 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. Exercise 2-25 (Algo) Preparing an income statement LO P1 Use the above information to prepare a December income statement for the business