Applied Accounting Chapter 13 (In-Class Handout) 5 points Student Name Yankee Hotel Foxtrot initiated operations on July 1, 2018. To manage the company officers and managers have requested monthly financial statements starting July 31, 2018. The adjusted trial balance amounts at July 31 are shown below. Debits Credits $23,680 Accumulated Depreciation-Equpment $ 840 Cash Accounts Receivable Prepaid Rent Supplies Equipment Drawing Salaries and Wages Expense Rent Expense Depreciation Expense Cost of Goods Sold 810 Notes Payable (Due by September 30) 6,000 1,965 Accounts Payable 1,160 Salaries and Wages Payable 11,400 Interest Payable 1,140 360 40 580 19,874 0,390 Unearned Sales Revenue Capital Stock Sales Revenue 800 7,145 1,740 665 9,234 580 Supplies Expense Interest Expense Total debits $59.224 $.59,224 Total credits Requirements: (a) Prepare an income statement for the month of July. (b) Prepare an Equity Statement for the month of July (c) Prepare a Classified Balance Sheet for the month of July