es On July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allarie, the owner, finalized the company's records that showed the following items. Accounts payable Accounts receivable Cash Computer equipment Furniture Breanne Allarie, capital, June 30, 2023* office rent expense Owner's investments during July 2023 Owner's withdrawals Supplies Textbook rental revenue Tutoring revenue Tutors' wages expense Utilities expense $ 3,150 5,300 4,900 5,500 5,100 20,600 5,800 4,500 4,300 2,600 630 7,500 1,870 1,010 "Hint: The ending capital balance for one period is the beginning capital balance for the next period ces: Prepare a July 31 balance sheet for Academic Learning Services. Assets Breanne Allarie, capital Owner's investments Total assets ACADEMIC LEARNING SERVICES Balance Sheet July 31, 2023 20600 $ Liabilities Equity 0 Total liabilities and equity