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2 2.5 points eBook Print References The following is a list of account balances for Pick-A-Pet, Inc., as of June Accounts Payable Accounts Receivable

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2 2.5 points eBook Print References The following is a list of account balances for Pick-A-Pet, Inc., as of June Accounts Payable Accounts Receivable Cash Common Stock Equipment Logo and Trademarks Long-term Notes Payable Retained Earnings Software $ 349,200 419,200 732,600 662,100 58,400 421,600 268,900 470,100 118,500 The company entered into the following transactions during July, Year 3. ownership shares and the company borrows $150,000 in cash from a bar repay the loan in 2 years. No other transactions took place during July, Ye Required: a. Prepare a classified balance sheet for the company at June 30, Year 3. b. Show the effects of the July transactions on the basic accounting equat c. Prepare the journal entries that would be used to record the transaction Complete this question by entering your answers in the tabs below. Ranul

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