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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

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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 $ 25,330 22,330 Dividends Consulting revenue 5,210 Rent expense 19,970 $ 5,960 26,970 9,510 5,580 840 10,730 Miscellaneous expenses 101,500 490 Salaries expense 43,980 Telephone expense 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 $4,590. HELP TODAY Balance Sheet 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 $4,590. HELP TODAY Balance Sheet

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