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On July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allaric, the ownex. finalized the company's records

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On July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allaric, the ownex. finalized the company's records that showed the following items. Hint: The ending capital balance for one period is the beginning capital balance for the next period. Prepare a July 31 balance sheet for Academic Learning Services. Hint: The ending capital balance for one period is the beginning capital balance for the next period. 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

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