Question: 2.1: Ch 02 Homework Saved Help Save & E Che Required information Use the following information for the Exercises below. (The following information applies to



2.1: Ch 02 Homework Saved Help Save & E Che Required information 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 Dividends $ 25,200 Consulting fees earned 22,240 Rent expense 5,080 Salaries expense 43,890 Telephone expense 19,860 Miscellaneous expenses 10,840 Common stock 5,830 $ 26,880 9,390 5,450 690 390 100, 300 Exercise 2-16 Preparing an income statement LO C3, P3 Use the above information to prepare an August income statement for the business. Exercise 2-16 Preparing an income statement LO C3, P3 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement 0 Required information 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 Dividends $ 25,200 Consulting fees earned 22,240 Rent expense 5,080 Salaries expense 43,890 Telephone expense 19,860 Miscellaneous expenses 10,840 Common stock 5,830 $ 26,880 9,390 5,450 690 390 100,300 Exercise 2-17 Preparing a statement of retained earnings LO P3 Help Save & Exit Submit Check my work Dividends 5,830 3 Exercise 2-17 Preparing a statement of retained earnings LO P3 Use the above information to prepare an August statement of retained earnings for Help Today. (Hint: Net income for August is $10,960.) HELP TODAY Statement of Retained Earnings 0 $ 0 Check my work Required Information 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 $ 26,880 9,390 5,450 690 Cash Accounts receivable Office supplies Land office equipment Accounts payable Dividends $ 25,200 Consulting fees earned 22,240 Rent expense 5,080 Salaries expense 43,890 Telephone expense 19,860 Miscellaneous expenses 10,840 Common stock 5,830 390 100,300 Exercise 2-18 Preparing a balance sheet LO P3 Use the above information to prepare an August 31 balance sheet for Help Today. (Hint. The ending retained earnings account balance as of August 31 is $5,130.) Required information Use the above information to prepare an August 31 balance sheet for Help Today. (Hint: The ending retained earnings account balance as of August 31 is $5,130.) HELP TODAY Balance Sheet 0 $ $ 0 $
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