each trans: Consider the following June actual ending balances and July 31,2024 budgeted amounts for Omas: Click the icon to view the information.) Prepare a budgeted balance sheet for July 31, 2024. (Hint: It may be helpful to trace the effects of each transaction on the accounting equation to determine the ending balance of each account.) Complete the accounting equation for the July operating information. (Use a minus sign or parentheses to enter account reductions and contra asset balances and activity. If an input field is not used in the equation leave it empty; do not enter a zero. Abbreviations used: AVP = Accounts Payable, AVR = Accounts Receivable, Accum. Deprec. = Accumulated Depreciation, Merch. = Merchandise.)