Part 1 of 3 1 66 points eBook Hint Print References Required

Last updated: 8/22/2023

Part 1 of 3 1 66 points eBook Hint Print References 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 Cash Accounts receivable Office supplies Office equipment Land Accounts payable Common stock 25 400 22 410 5 300 Dividends Consulting revenue Rent expense 20 050 Salaries expense 44 040 Telephone expense 10 500 Miscellaneous expenses 102 400 HELP TODAY Income Statement 6 040 27 040 9 590 5 640 Use the above information to prepare a December income statement for the business 920 550 Check