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Carmen Communications reported the figures from its adjusted trial balance and from its multi-stop income statement for its first year of business, which ended on

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Carmen Communications reported the figures from its adjusted trial balance and from its multi-stop income statement for its first year of business, which ended on July 31,2024 (Click the icon to view the accounts and balances) (Click the icon to whew the mult-step income statement). Ritid the requirements Requirement 1. Prepare Carmen Communications' statement of retained eomings for the yoar ended July 31, 2024 . Assume that there were no dividends de dared duing the yeat and that the business began on August 1,2023. (Enter a 0 lot any zero balances. Include oely opplicable transactions during the period) Requirement 2. Prepare Carmen Communications' clasbified balance sheet at july 31, 2024 . Uoe the report format Begin by completing the assets section, then complete the liabintes and slockholders' oquity sections, (if a box is not used in the balance sheet, leave the box emply, do not selact Fit (Click the icon to view the accounts and balances adjusted tral balance and from its mult-step income statenvent for its firs year of business, which ended on July 31,2024 (C.ck the icon to view the multi-step income statement.) Read the tequinmerits a label or onter a zero) Data table Reference

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