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n July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allarie, the owner, finalized the companys records

n July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allarie, the owner, finalized the companys records that showed the following items. Accounts payable $ 3,450 Accounts receivable 5,900 Cash 5,500 Computer equipment 6,100 Furniture 5,700 Breanne Allarie, capital, June 30, 2023* 23,000 Office rent expense 6,400 Owners investments during July 2023 5,100 Owners withdrawals 4,900 Supplies. prepare the income statement.

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