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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 $ 25,390 Dividends 22,390 Consulting revenue 5,280 Rent expense 20,030 Salaries expense 44,030 Telephone expense 10,580 Miscellaneous expenses 102,200 $ 6,030 27,020 9,580 5,630 900 540 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

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