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 December 1, On December 31, the company's records show the following selected accounts and amounts for the month of December 5 Cash Accounts receivable Office supplies office equipment Land Accounts payable Common stock 25,370 Dividends 22, 370 Consulting revenue 5,260 Rent expense 20,020 Salaries expense 44,010 Telephone expense 10,540 Miscellaneous expenses 102,100 6,020 27,010 9.520 5,620 850 530 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 $10,410
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