Instructions 1. Prepare an income statement for the month ended July 31, 20Y2. 2. Prepare a statement of owner's equity for the month ended fuly 31,20Y2. 3. Prepare a balance sheet as of July 31, 20Y2 4. (Optional) Prepare a statement of cash flows for the month ending July 31, 20Y2 PR 1-4A Transactions; financial statements oas.s, On July 1, 20Y7, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July: - Opened a business bank account with a deposit of $25,000 from personal funds. b. Purchased office supplies on account, $1,850. (Conrtmand) Instructions 1. Prepare an income statement for the month ended July 31, 20Y2. 2. Prepare a statement of owner's equity for the month ended fuly 31,20Y2. 3. Prepare a balance sheet as of July 31, 20Y2 4. (Optional) Prepare a statement of cash flows for the month ending July 31, 20Y2 PR 1-4A Transactions; financial statements oas.s, On July 1, 20Y7, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July: - Opened a business bank account with a deposit of $25,000 from personal funds. b. Purchased office supplies on account, $1,850. (Conrtmand)