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Required information [The following information applies to the questions displayed below.) Part 1 of 3 Carmen Camry operates

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Answer #1

Income statement

For the month ended August 31

Revenue
Consulting fees earned 27100
Total revenue 27100
Expense
Rent expense 9660
Salaries expense 5690
Telephone expense 980
Miscellaneous expense 600
Total expense 16930
Net income 10170
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