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

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Caroline Communications reported the figures from its adjusted trial balance and from its multi-step 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 view the multi-step income statement.) Read the requirements. Data table Reference Requirements 1. Prepare Caroline Communications' statement of owner's equity for the year ended July 31,2024. Assume that there were no contributions or withdrawals during the year and that the business began on August 1, 2023. 2. Prepare Caroline Communications' classified balance sheet at July 31,2024. Use the report format. Requirement 1. Prepare Caroline Communications' statement of owner's equity for the year ended July 31,2024. Assume that there were no contributions or withdrawals during the year and that the business began on August 1 , 2023. (Enter a "0" for any zero balances. Include only applicable transactions during the period. Assume that the capital balance shown in the data provided represents the opening capital balance of the business for the year.) Caroline Communications Statement of Owner's Equity Year Ended July 31, 2024 Caroline, Capital, August 1, 2023 Caroline, Capital, July 31, 2024 Caroline Communications reported the figures from its adjusted trial balance and from its multi-step 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 view the multi-step income statement.) Read the requirements. Data table Reference Requirements 1. Prepare Caroline Communications' statement of owner's equity for the year ended July 31,2024. Assume that there were no contributions or withdrawals during the year and that the business began on August 1, 2023. 2. Prepare Caroline Communications' classified balance sheet at July 31,2024. Use the report format. Requirement 1. Prepare Caroline Communications' statement of owner's equity for the year ended July 31,2024. Assume that there were no contributions or withdrawals during the year and that the business began on August 1 , 2023. (Enter a "0" for any zero balances. Include only applicable transactions during the period. Assume that the capital balance shown in the data provided represents the opening capital balance of the business for the year.) Caroline Communications Statement of Owner's Equity Year Ended July 31, 2024 Caroline, Capital, August 1, 2023 Caroline, Capital, July 31, 2024

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