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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. $ 27000 9,550 5,600 $25,360 Consulting fees earned 22,360 Rent expense 5,250 Salaries expense 44,000 Telephone expense 20,000 Miscellaneous expenses 10,500 Common stock Cash Accounts recelvable Office supplies Land 860 520 Office equipment 102,000 Accounts payable Dividends 6,000 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement 0 Use the above information to prepare an August statement of retained earnings for Help Today(The owner invested $102,000 cash in the company on August 1 in exchange for common stock.) HELP TODAY Statement of Retained Earnings 0

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