Question: 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

 Required information Use the following information for Exercises 25-27 below. (Algo)
[The following information applies to the questions displayed below] Carmen Camry operates

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. Exercise 2-26 (Algo) Preparing a statement of retained earnings LO P1 Exercise 2-26 (Algo) Preparing a statement of retained earnings LO P1 Use the above information to prepare a December statement of retained eamings for Help Today. The Retained Earnings account balance at December 1 was $0. Hint Net income for December is $10,960

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