Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August
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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. Use this information to prepare a balance sheet as of August 31 for Help Today. |
Money | ps | 39,760 | dividends | ps | 7,200 |
accounts receivable | 28,360 | Consulting fees earned | 39,000 | ||
Office supplies | 7,050 | Rental costs | 11,350 | ||
Tierra | 56,000 | salary expenses | 6,800 | ||
Office team | 32,000 | telephone expense | 1,460 | ||
Accounts payable | 38,100 | miscellaneous expenses | 1,120 | ||
Common actions | 114,000 |
Related Book For
Financial and Managerial Accounting Information for Decisions
ISBN: 978-1259347641
5th edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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