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X ge Required information Use the following information for Exercises 25-27 below. (Algo) [The following information applies to the questions displayed below.] Carmen Camry operates
X ge Required information Use the following information for Exercises 25-27 below. (Algo) [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on December 1. On December 31, the company's records show the following selected accounts and amounts for the month of December. Cash Accounts receivable office supplies Office equipment Land Accounts payable. Common stock 5,509 Exercise 2-26 (Algo) Preparing a statement of retained earnings LO P1 Use the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account balance at December 1 was $0. Hint: Net income for December is $10,640. Retained earnings, December 1 #3 HELP TODAY Statement of Retained Earnings E D C 4 R F SEP $ 25,300 Dividends 22,310 onsulting revenue 5,190 Rent expense LO 19,940 Salaries expense 43,960 Telephone expense 10,800 Miscellaneous expenses 101,200 V Q Search Securify 1750 % T Prev G 6 B 5 6 tv Y MacBook Pro of 10 H & 7 N H (9 U $ 5,940 26,940 9,490 5,550 800 460 J Next > www.de * 00 8 M 1 9 K A O ) O L command P opt
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