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P - F: 2 - 3 5 A Preparing financial statements from the unadjusted trial balance and calculating the debt ratio ( Learning Objectives 4

P-F:2-35A Preparing financial statements from the unadjusted trial balance
and calculating the debt ratio (Learning Objectives 4,6)
The unadjusted trial balance as of July 31,2025, for Kristin Carrillo, Registered
Dietician, is presented here:
Requirements
Ending Capital $27,300
Prepare the income statement for the month ended July 31,2025.
Prepare the statement of owner's equity for the month ended July 31,
The beginning balance of Carrillo, Capital was $0 and the owner
contributed $23,150 during the month.
Prepare the balance sheet as of July 31,2025.
Calculate the debt ratio as of July 31,2025.
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