?234A Preparing financial statements from the trial balance and calculating the debt ratio ofb Learning The trial balance as of July 31, 2018 for Sata Simon, Registered Dietician,is preseated below 2. Ending Capi SARA SIMON, REGISTERED DIETICAN Trial Balance uly 31, 2018 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accounts Payable Unearned Revenue Notes Payable Simon, Capital simon, Withdrawals Service Revenue Salaries Expense Rent Expense Utilities Expense Total Debit Credit 3 38,000 9,000 2,300 2,400 16,000 s 3,000 3,912 31,000 17,888 1,700 1,100 500 $7.800 $7.80 Requirements 1. Prepare the income statement for the month ended July 31, 2018 2. Prepare the statement of owner's equity for the month ended July 31,2018. The beginning balance of capiral was $0 and the owner contributed $18,000 daring the month. 3. Prepare dhe balance sheet as of july 31, 2018. 4. Calculate the debt ratio as of July 31,2018