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Saved Help Required information The following information applies to the questions displayed below.) 1 of 3 Carmen Camry operates a consulting firm called Help Today,

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Saved Help Required information The following information applies to the questions displayed below.) 1 of 3 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. LALALALA ook Cash R Accounts receivable office supplies Land office equipment Accounts payable $ 25,360 C. Camry, Withdrawals 22,360 Consulting fees earned 5,250 Rent expense 44.000 Salaries expense 20,000 Telephone expense 10,500 Miscellaneous expenses $ 6,000 27,000 9.550 5.500 10 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement / / Required information 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 $ 25,360 C. Camry. Withdrawals 22,360 Consulting fees earned 5,250 Rent expense 44,000 Salaries expense 20,000 Telephone expense 10.500 Miscellaneous expenses $ 6.000 27.000 9.550 5,600 860 520 Use the above information to prepare an August statement of owner's equity for Help Today. The owner's capital account balance at July 31 was $0, and the owner invested $102,000 cash in the company on August 1. HELP TODAY Statement of Owner's Equity Help Required information 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 $ 25,360 C. Camry, withdrawals 22,360 Consulting fees earned 5,250 Rent expense 44,000 Salaries expense 20,000 Telephone expense 10,500 Miscellaneous expenses $ 6,000 27,000 9,550 5,600 860 520 Use the above information to prepare an August 31 balance sheet for Help Today. (Hint Compute the owner's capital account balance as of August 31.) HELP TODAY Balance Sheet Next > Saved Compute the missing amount for each of the following separate companies a through d. (Losses and amounts to be deducted should be indicated with a minus sign.) (b) $ (a) 0 110,000 $ 0 $ $ Equity, December 31, 2016 Owner investments during the year Owner withdrawals during the year Net income (loss) for the year Equity, December 31, 2017 (c) 0 87,000 (10,000) (4,000)| (d) 0 210,000 (55,000) 22,000 104,000 (47,000) 90,000 85,000 $ $ $ 110,000 Next

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