Question: Use the following information for Exercises 25-2/ below. (Aigo) [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm
Use the following information for Exercises 25-2/ below. (Aigo) [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. Cash $ 25,350 Dividends $ 5,980 Accounts receivable 22,340 Consulting revenue 26,980 Office supplies 5,230 Rent expense 9,530 Office equipment 19,980 Salaries expense 5,590 Land 43,990 Telephone expense 850 Accounts payable 10,660 Miscellaneous expenses 500 Common stock 101,700 Exercise 2-25 (Algo) Preparing an income statement LO P1 Use the above information to prepare a December income statement for the business. HELP TODAY Income Statement
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