On July $1,2023,$ Academic Learning Services entered Its second month of operations. On July $31,2023,$ Breanne Allarle, the owner,

finalized the company's records that showed the following Items.

$*$HInt: The ending capital balance for one perlod is the beginning capital balance for the next perlod.

Prepare a July $31$ balance sheet for Academic Learning Services.

Analysis Component:

Identify how much of the assets held by Academic Learning Services are financed by debt.