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Required information Use the following information for the Exercises below. [The following information applies to...

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Accounting

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Required information Use the following information for the Exercises below. [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. Exercise 2-17 Preparing a statement of retained earnings LO P3 Use the above information to prepare an August statement of retained earnings for Help Today. (Hint: Net income for August is $10,800.) Exercise 2-17 Preparing a statement of retained earnings LO P3 Use the above information to prepare an August statement of retained earnings for Help Today. (Hint: Net income for August is $10,800.)

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