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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.
[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. C. Camry, Withdrawals. Cash Accounts receivable Office supplies Office equipment Accounts payable Land C. Camry, Capital $ 25,270 $ 5,910 22,280 Consulting revenue 26,920 5,150 Rent expense 9,460 19,910 Salaries expense 5,510 43,940 Telephone expense 760 10,700 101,000 Miscellaneous expenses. 430 Use the above information to prepare a December 31 balance sheet for Help Today. Hint: The ending C. Camry, Capital account balance as of December 31 is $105,850. HELP TODAY Balance Sheet $ 0 $ 0
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