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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 Dividends Consulting revenue $ 25,220 22,250 $ 5,850 26,890 5,100 Rent expense 9,410) Office equipment 19,870 Salaries expense 5,470 Land 43,900 Telephone expense 710 Accounts payable Common stock 10,790 Miscellaneous expenses 400 100,500 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 0
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