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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) Carmen Camry operates a consulting firm

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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Dividends $ 25,360 Consulting fees earned 22,360 Rent expense 5,250 Salaries expense 44,000 Telephone expense 20,000 Miscellaneous expenses 10,500 Common stock 6,000 $ 27,000 9,550 5,600 860 520 102,000 Preparing a balance sheet LO P3 Use the above information to prepare an August 31 balance sheet for Help Today (Hint The ending retained earnings account balance as of August 31 is $4.470) HELP TODAY Balance Sheet

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