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[The following information applies to the questions displayed below. Abd El Hakim operates a consulting firm called Al Tayer Today, which began operations on August
[The following information applies to the questions displayed below. Abd El Hakim operates a consulting firm called Al Tayer 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 recelvable Office supplies Land Office equipment Accounts payable 25,420 Abd El Hakim. Withdrawals 22.430 Consulting fees earned 5.330 Rent expense 44.070 Salaries expense 20.080 Telephone expense 10.550 Miscellaneous expenses 6,070 27.070 9,630 5,670 570 4. Use the above information to prepare an August 31 balance sheet for Al Tayer Today in a T format without classification. AL TAYER TODAY Balance Sheet $ 0 S 0
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