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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
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. C. Camry, Capital $ 25,390 C. Camry, Withdrawals $6,030 22,390 Consulting revenue 27,020 5,280 Rent expense 9,580 20.030 Salaries expense 5,630 44,030 Telephone expense 900 10,580 Miscellaneous expenses 540 102,200 xercise 2-25 (Algo) Preparing an income statement LO P1 se the above information to prepare a December income statement for the business. et income HELP TODAY Income Statement 0 Accounts payable Accounts receivable C. Camry, Capital C. Camry, Withdrawals Cash Consulting revenue Land Miscellaneous expenses Office equipment Office equipment Office supplies Rent expense Salaries expense Telephone expense
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