Question: Open (Do not open until you are ready to complete) Required information The following information applies to the questions displayed below) Carmen Camry operates a

 Open (Do not open until you are ready to complete) Required

Open (Do not open until you are ready to complete) Required information The following information applies to the questions displayed below) Carmen Camry operates a consulting firm called Help Today, which began operations on Aug company's records show the following accounts and amounts for the month of August 13 14:25 Cash Accounts receivable office supplies Land office equipment Accounts payable $ 25,240 C. Camry, Withdrawals 22,260 Consulting fees earned 5,110 Rent expense 43,920 Salaries expense 19,890 Telephone expense 10,740 Miscellaneous expenses $ 5,870 26,900 9,420 5,490 730 410 Use the above information to prepare an August statement of owner's equity for Help Today. The own July 31 was $0, and the owner invested $100,700 cash in the company on August 1 HELP TODAY Statement of Owner's Equity For Month Ended August 31 C. Camry, Capital, August 31 Add: Withdrawals by owner Add: Net income 5,870 5.870 Less: Investment by owner Less: Withdrawals by owner C. Camry, Capital August 31 S 5,870 28

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