Make august income statement for the business

Assignment Help Accounting Basics
Reference no: EM132562510

Question - 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.

Cash $25,440

C. Camry, Withdrawals $6,100

Accounts receivable 22,470

Consulting fees earned 27,100

Office supplies 5,360

Rent expense 9,660

Land 44,100

Salaries expense 5,690

Office equipment 20,120

Telephone expense 980

Accounts payable 10,420

Miscellaneous expenses 600

Required - Use the above information to make August income statement for the business.

Reference no: EM132562510

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