[The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called...

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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 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 $25,400 C. Camry, Withdrawals 22,410 Consulting fees earned $ 6,040 27,040 9,590 5,640 920 Accounts payable 10,500 Miscellaneous expenses 550 Land Office equipment 5,300 Rent expense 44,040 Salaries expense 20,050 Telephone expense Exercise 2-18 Preparing a balance sheet LO P3 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 [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 $25,400 C. Camry, Withdrawals 22,410 Consulting fees earned $ 6,040 27,040 9,590 5,640 920 Accounts payable 10,500 Miscellaneous expenses 550 Land Office equipment 5,300 Rent expense 44,040 Salaries expense 20,050 Telephone expense Exercise 2-18 Preparing a balance sheet LO P3 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