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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

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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 Land Office equipment Accounts payable $ 25,268 C. Camry, Withdrawals 22,270 Consulting fees earned 5,130 Rent expense 43,930 Salaries expense 19,900 Telephone expense 10,780 Miscellaneous expenses $ 5,890 26,910 9,440 5,500 750 420 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 $100,800 cash in the company on August 1. HELP TODAY Statement of Owner's Equity

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