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[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
[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 $ 25,370 Dividends 22,370 Consulting revenue $ 6,020 27,010 5,260 Rent expense 9,570 20,020 Salaries expense 5,620 44,010 Telephone expense 10,540 Miscellaneous expenses 102,100 880 530 Use the above information to prepare a December income statement for the business. HELP TODAY Income Statement
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