More Info th es De e. a. June 30 Merchandise Inventory balance. $17,780 b. July purchase of Merchandise Inventory, $4,800, paid in cash C. July payments of Accounts Payable, $8,300 d. June 30 Accounts Payable balance, $10,300 June 30 Furniture and Fixtures balance, $34,200; Accumulated Depreciation balance, $29,810 f. June 30 total stockholders' equity balance, $28,120 g. July Depreciation Expense, $300 h. Cost of Goods Sold, 60% of sales i. Other July expenses, including income tax, $4,000, paid in cash 1. June 30 Cash balance, $11,100 k. July budgeted sales on account, $12,100 1 June 30 Accounts Receivable balance $5,150 m. July cash receipts from payments on account, $14,400 ch Print Done Clear All SP Consider the following June actual ending balances and July 31, 2024 budgeted amounts for Obeds: 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 of an input field is not used in the equation leave it emply do not enter a Abbreviations used AP Accounts Payable, NR Accounts Receivable Accum Deprec. Accumulated Depreciation, Merch Merchandise Stock March (Acum Account holders Cash AR Inventory. Furniture Deprec.) Payable equity June 30 balance + Enter any number in the edit fields and then click Chock Answer parts 10 remaining Clear All Check