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Use the following information for the Exercises below. The following information applies to the questions displayed below.) Carmen Camry operates a consulting firm called Help

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Use the following information for the Exercises below. 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, 300 C. Camry, withdrawals 22,310 Consulting fees earned 5,190 Rent expense 43,960 Salaries expense 19,940 Telephone expense 10,800 Miscellaneous expenses $ 5,940 26,940 9.490 5.550 800 460 rcise 2-18 Preparing a balance sheet LO P3 the above information to prepare an August 31 balance sheet for Help Today. (Hint Compute the owner's capital accoun August 31.) HELP TODAY Balance Sheet

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