Required Information [The following information applies to the questions displayed below.] Carmen Camry operates a...
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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 accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land Office equipment Accounts payable $ 25,400 C. Camry, Withdrawals 22,410 Consulting fees earned 5,300 Rent expense 44, e4e Salaries expense 20,5e Telephone expense 19,5ee Miscellaneous expenses $ 6,640 27,840 9,590 5,640 920 550 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement Revenues: Consulting fees earned S 27.040 S 27,040 S 9,590 Total Revenues Expenses Rent expense Salaries expense Telephone expense Miscellaneous expenses 5,640 920 550 16.700 Total Expenses Net income
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