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An analysis of transactions made during July by NepCo, an Internet service provider, during its first mamh of operations is ahown below. Increases and decreases

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An analysis of transactions made during July by NepCo, an Internet service provider, during its first mamh of operations is ahown below. Increases and decreases affecting revenues and expenses are explained. Required: 1. This part of the question is not part of your Connect assignment. 2-a. Prepare an income statement as of July 31 . 2-a. Prepare an income statement as of July 31. 2-b. Prepare a statement of retained earnings for July 31. (Leave no celis blank - be certain to enter "o" wherever required.) 2-c. Prepare a classified balance sheet as of July 31

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