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Required information [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on August
Required information [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, 270 C. Camry, withdrawals 22,280 Consulting fees earned 5,150 Rent expense 43,940 Salaries expense 19,910 Telephone expense 10,700 Miscellaneous expenses $ 5,910 26,920 9, 460 5, 510 760 430 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement For Month Ended August 31 For Month Revenues: Expenses Salaries expense
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