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Required information [The following...

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Accounting

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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 December 1 . On December 31. the company's records show the following selected accounts and amounts for the month of December. Use the above information to prepare a December income statement for the business. Use the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account balance at December 1 was $0. Hint: Net income for December is $10,470. Use the above information to prepare a December 31 balance sheet for Help Today. Hint. The ending Retained Earnings account balance as of December 31 is $4,470

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