Question: sessment Test - Fall 2019 Required information The following information applies to the questions displayed below) Carmen Camry operates a consulting firm called Help Today,


sessment Test - Fall 2019 Required information 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 selected accounts and amounts for the month of August. $ S.920 26,930 Accounts receivable Office supplies Land office equipment Accounts payable 25,280 Dividends 22,290 Consulting fees earned 5,170 Rent expense 43,950 Salaries expense 19,920 Telephone expense 10, 720 Miscellaneous expenses 101, 100 5.530 Use the above information to prepare an August statement of retained earnings for Help Today The Retained Earnings account balance at August 1 was $0.Hint: Net income for August is $10,710 HELP TODAY Statement of Retained Earnings Required information 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 selected accounts and amounts for the month of August. $ Accounts receivable office supplies 25,200 Dividends 22,290 Consulting fees earned 5,170 Rent expense 43,950 Salaries expense 19,920 Telephone expense 10,720 Miscellaneous expenses 101, 100 $ 5,920 26,930 9, 470 5,530 Office equipment Accounts payable Common stock 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 $4,790 HELP TODAY Balance Sheet Total equity
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