Carmen Camey operates a consulting firm called Help Today, which began operations on August 1....
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Accounting
Carmen Camey 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. Canh Accounts receivable office supplies Land office equipment Accounts payable $ 25,410 C. Camry. Withdrawals 22,420 Consulting teen earned 5,320 Rent expense 44.050 Salories expense 20.060 Telephone expense 10,510 Miscellaneous expenses $ 6,050 27,060 9.610 5.550 940 560 Exercise 2-17 Preparing a statement of owner's equity LO P3 Use the above information to prepare an August statement of owner's equilty for Help Today. The owner's capital account balance at July 31 was $0, and the owner invested $102,500 cash in the company on August 1. HELP TODAY Statement of Owner's Equity
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